Iran has expressed a willingness to reopen the Strait of Hormuz within seven days if the United States eases its military pressure and lifts the blockade. This proposal, raised during ongoing negotiations facilitated by Qatari mediators, outlines several conditions for dialogue aimed at resolving the ongoing conflict. President Trump has indicated that a deal could follow after upcoming elections, though he urges for complete isolation of Iran. As tensions mount, oil prices have responded, experiencing fluctuations linked to these developments, with concerns about supply stability lingering in the market.