Middle East crisis live: Iran ‘offers to end chokehold on strait of Hormuz’
Why this matters: a developing story that could shape the day's news cycle.
Sources say country wants US to end its blockade as part of proposal but has not addressed its nuclear programme Iran is proposing that shipping companies should pay charges for specific services when they cross the strait of Hormuz, in a move that would enable it to raise money from shipping traffic without presenting the payment as a toll.Iran’s framing is designed to maximise political and legal support for the plan it is developing with Oman. Iran has made a solution to its demands an essential precondition to winding down the conflict, including an end to its effective blockade of the Strait and the counter-blockade of Iranian ports being mounted by the US Navy. Continue reading...