The United States and Iran are actively discussing a potential ceasefire that could lead to the reopening of the Strait of Hormuz, a critical chokepoint for global oil supplies, as per AXIOS.

US President Donald Trump claimed on Wednesday that Iran had reached out requesting a ceasefire, but he made it clear that any agreement would require the strategic waterway to be fully reopened to international shipping.

Why the Strait of Hormuz Matters

The Strait of Hormuz, located between Iran and Oman, is one of the world’s most vital maritime routes. Nearly 20-30% of global oil trade passes through it daily. Its closure or disruption during the recent conflict has already caused spikes in energy prices and raised concerns about prolonged economic fallout for both the region and the world.

Reopening the strait has emerged as a core demand from the U.S. side in any de-escalation efforts. Trump has repeatedly emphasized that ending the war without securing safe passage through the strait would be unacceptable.

Broader Context of the Conflict

The discussions come after several weeks of direct confrontation between the U.S., Israel, and Iran. The conflict has involved strikes on military targets, energy infrastructure, and heightened tensions in the Gulf.

Any final deal is also expected to address other key issues, including Iran’s nuclear program and its stockpile of highly enriched uranium.