U.S. and Iranian negotiators were reported to be exploring a phased framework that would reopen the Strait of Hormuz and end Washington’s economic blockade of Iran. The possible arrangement emerged as President Trump said a deal could follow the November midterms, while a European official said Iran had extensive demands. The White House said Tehran was desperate for agreement but that Trump retained decision-making authority. Any phased plan remained preliminary, with no final terms or timetable yet announced.
Source: https://www.reuters.com/world/asia-pacific/us-iran-discuss-phased-deal-reopen-hormuz-end-us-blockade-sources-say-2026-09-24/
