Iran President Proposes New Peace Plan for Strait of Hormuz, Seeks U.S. Sanctions Relief

By Kim yoon seop Posted : September 26, 2026, 20:28 Updated : September 26, 2026, 20:28

Iranian President Masoud Pezeshkian announced that a new peace plan for reopening the Strait of Hormuz has been coordinated with the Supreme Leader.

According to Yonhap News on the 26th, President Pezeshkian stated, "Our new peace plan for reopening the Strait of Hormuz has been coordinated with Ayatollah Mojtaba Khamenei, the Supreme Leader."

In excerpts from an interview with CBS News released by Iran's state-run IRNA news agency, he said, "If the United States accepts our proposal and fulfills its obligations, we will do the same."

He further clarified that coordination with the Supreme Leader has already taken place, emphasizing that the plan to reopen the Strait of Hormuz is a decision made by Iran's leadership.

Additionally, President Pezeshkian explained that a special team consisting of six members, including military, parliamentary, and government representatives, has been formed and holds decision-making authority regarding the peace plan.

Iran has demanded the following conditions from the United States for reopening the Strait of Hormuz: the release of overseas frozen assets amounting to at least $12 billion (approximately 16.3 trillion won), the lifting of sanctions on Iranian oil, and the cessation of the U.S. maritime blockade against Iran.

The Strait of Hormuz is a critical passage for global oil transport and has been a major point of contention amid prolonged military tensions between the U.S. and Iran. Consequently, the decision to reopen the strait could significantly impact international oil prices and the geopolitical situation in the Middle East.

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

Meanwhile, President Pezeshkian has maintained a cautious stance regarding direct negotiations with the U.S. In an interview with Al Jazeera, he expressed distrust, stating, "After past negotiations, attacks and sanctions have continued." He added that Qatar and Pakistan are currently mediating between the two sides and conveying messages from Iran to the U.S.

He also indicated that Iran could assist in resolving the conflict between Saudi Arabia and the Houthi rebels in Yemen.





* This article has been translated by AI.

Copyright ⓒ Aju Press All rights reserved.