Iran to reopen Hormuz within 7 days if US agrees to proposed plan: FM

INTELLIGENCE SUMMARY

Iran has proposed reopening the Strait of Hormuz within seven days if the United States agrees to a new plan, according to Iran's foreign minister. The proposal, conveyed via Qatar, stipulates that the US must meet certain conditions, reportedly including unfreezing Iranian assets worth at least $12 billion and lifting oil sanctions. Iran emphasizes its readiness for a deal while asserting it will not yield to coercion or threats, leaving the choice to the US.