A senior Iranian official has confirmed that a draft agreement with the United States includes the immediate reopening of the Strait of Hormuz and a temporary lifting of oil sanctions against Tehran.
The disclosure, reported by multiple Norwegian outlets citing Reuters, marks a significant shift in the diplomatic narrative, moving the talks from abstract posturing to concrete terms that directly impact global energy flows.
The confirmation comes amid a broader context of diplomatic maneuvering.
Earlier this week, Iranian officials dismissed President Donald Trump's claims that a deal would be signed by Sunday, labeling the assertion a publicity stunt.
However, the latest reports from Finansavisen indicate that Iran is actively preparing a proposal aimed at satisfying US demands, suggesting that the two sides are working through the technical details of a potential resolution.
For energy markets, the prospect of Hormuz reopening is the primary catalyst.