By Jon Herskovitz Iran has given the US a new proposal to reopen the Strait of Hormuz and end the war that includes putting off nuclear negotiations, Axios reported, citing a US official and two sources with knowledge of the matter.
The plan, conveyed through mediators in Pakistan, calls for extending the ceasefire so the parties can work toward a permanent end to the fighting, Axios said.
Nuclear talks would come later, only after a US blockade of the Strait of Hormuz is lifted.
Pakistani mediators have given the proposal to the White House, but it’s unclear whether the US wants to explore it, Axios said.
The US dollar slipped against most major peers soon after the report was released in early trading in Asia on Monday, while S&P 500 index futures rose.
Oil pared gains.
The White House didn’t....
