Iran president says supreme leader backs new plan to reopen Hormuz

Economic Times - Sep 26, 2026

Iran's President Masoud Pezeshkian revealed a plan to reopen the strategically important Strait of Hormuz. This plan requires the United States to meet specific conditions, including lifting sanctions on Iranian oil. A six-member team in Iran has been granted the authority to make decisions regarding this initiative. The proposal includes the release of frozen Iranian assets worth around $12 billion.

Read full article
More News
Copyright © 2015 - 2026 The Financial Capital.

All Rights Reserved.

Subscribe Now!

About Us

The Financial Capital is your independent source for finance information and advice. We provide insights and offer advice from financial experts so you can make the best decisions.