Iranian President Masoud Pezeshkian announced on the 26th (local time) that he has completed consultations with Supreme Leader Ayatollah Mojtaba Khamenei regarding the country's new peace proposal for reopening the Strait of Hormuz.


Mojtaba Khamenei, the second son elected as successor to Iran's Khamenei. Photo by AFP Yonhap News

Mojtaba Khamenei, the second son elected as successor to Iran's Khamenei. Photo by AFP Yonhap News

View original image

According to Iran's state-run IRNA news agency, President Pezeshkian stated, "If the United States accepts the proposal and fulfills its obligations, we will do the same."


He emphasized, "Coordination with the revolutionary leader (Supreme Leader) has already been completed," making it clear that the proposal to reopen the Strait of Hormuz reflects the consensus of Iran's top leadership.


The Strait of Hormuz, a vital chokepoint for global crude oil transportation, has been a central flashpoint in nearly seven months of military tensions between the United States and Iran. President Pezeshkian explained that a special team of six, composed of representatives from the military, parliament, and government, had been formed for these discussions and is fully authorized to make decisions regarding the peace proposal.


As conditions for reopening the Strait of Hormuz, Iran has demanded that the United States unfreeze at least 12 billion dollars (approximately 16.3 trillion won) in Iranian overseas assets, lift sanctions on Iranian crude oil, and end its maritime blockade against Iran.


The U.S. government has not yet released an official response to Iran's proposal. However, the Wall Street Journal (WSJ) reported that U.S. President Donald Trump has rejected the proposal.


Meanwhile, President Pezeshkian expressed skepticism about negotiations with the United States in an interview with the Arab network Al Jazeera. He said, "Every time after negotiations, there have been repeated U.S. attacks and sanctions, so we no longer trust dialogue with the United States." He added that Qatar and Pakistan are currently mediating between Iran and the U.S., delivering Iranian messages to the United States.



In addition, President Pezeshkian displayed Iran's active willingness to mediate for easing regional tensions, saying, "We can help resolve the conflict between Saudi Arabia and Yemen (the Houthi rebels)."


This content was produced with the assistance of AI translation services.

© The Asia Business Daily. All rights reserved. Unauthorized AI training and use prohibited.

Today’s Briefing