Daijiworld Media Network - Tehran

Tehran, May 1: Iran has reportedly submitted a fresh proposal to the United States aimed at ending the ongoing conflict, as the strategically crucial Strait of Hormuz remains disrupted for global petroleum trade.

The development comes amid heightened tensions following the two-month-long conflict that began on February 28, when the US, along with Israel, launched strikes on Tehran. While details of the new proposal have not been disclosed, it signals renewed diplomatic efforts to end hostilities.

Earlier, Iran had offered to reopen the Strait of Hormuz and end the war, while seeking to defer negotiations on its nuclear programme. However, US President Donald Trump reportedly rejected the offer, insisting that nuclear issues remain part of any agreement.

According to reports, Washington has demanded that Iran refrain from moving enriched uranium from damaged nuclear facilities or resuming related activities during the negotiation period.

White House spokesperson Anna Kelly reiterated that the US stance remains firm on preventing Iran from acquiring nuclear weapons, while declining to comment on specific diplomatic exchanges.

The Strait of Hormuz, a key global oil transit route, was effectively closed by Iran shortly after the conflict began, while the US has maintained restrictions on shipping since a ceasefire was announced on April 8.

The ongoing tensions have significantly impacted global oil markets, with prices recently surging above $110 per barrel amid fears of supply disruptions.

US Treasury Secretary Scott Bessent said Iran’s economy is under severe strain due to sanctions and the ongoing conflict, citing currency depreciation and rationing of essential goods.

He also stated that restrictions on maritime movement would continue until normal navigation conditions are restored, underscoring continued pressure on Tehran as diplomatic efforts proceed.