Iran offers two-day plan to reopen Hormuz as US talks continue

Iran said it can reopen the Strait of Hormuz within two days if the US accepts its terms. Trump said a deal "could happen". Iran's leader Mojtaba Khamenei gave the government powers to hold talks. Iran says the US must lift its naval blockade first.
Why it matters
A deal could reopen a key oil shipping route and lower fuel prices worldwide.
Background
The US and Iran have been at war since February 2026, with a ceasefire in place. Qatar is mediating.
The story so far
- US and Israel reportedly plan possible strikes on Iran after US midterms
- US envoy says strike on Iran could come this weekend
- Iran warns of 'apocalyptic war' as US weighs new strikes
- Trump weighs Iran deal or strike as Qatari mediators visit Tehran
- Iran presses 7-day Hormuz plan as Trump denies peace talks
- Khamenei warns of unlimited response as Rubio says no strike decision made
- Iran offers two-day plan to reopen Hormuz as US talks continue
- US offers $20 million reward on Iran nuclear program as talks continue
Sources
- Al Jazeera ↗Nov 2, 1:49 PM ET
- France 24 ↗Nov 2, 12:42 PM ET
- Euronews ↗Nov 2, 6:48 AM ET
This summary was written automatically from the reporting linked above; follow the sources for the full story. How One Turn works.