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Market Chatter: Iran Signals Hormuz Reopening If US Eases Military Pressure, Offers Mediator Talks

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Iran could restore shipping access through the Strait of Hormuz within a week if Washington reduces military pressure and ends its port blockade, while also suggesting a path back to diplomacy with the US, Reuters reported Tuesday, citing a senior Iranian official.

The Iranian delegation to the United Nations General Assembly is in New York with authority to restart diplomacy, while President Masoud Pezeshkian will not meet US President Donald Trump, although talks can proceed through mediators, the official said.

Tehran sent the US a proposal to end hostilities through mediators on Sept. 16, according to the report. Iran's Foreign Ministry did not immediately reply to' request for comment.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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