It was Iran which proposed the 10-day ceasefire, i24's Stein reports, citing sources; US said to be demanding a longer ceasefire and demanding even partial navigation of the Strait of Hormuz
Iran's 10-day ceasefire and 'middle route' proposal face US skepticism. Investors face continued volatility as the US demands longer stability and navigation rights before lifting the blockade.
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The goal of these 10 days, according to the two sources, is to find a solution for the Strait of Hormuz. The mediators conveyed the proposal to the US and even added additional components to it during the talks they held with Washington and Tehran - such as the idea of creating a "middle route to Hormuz" - so that it would be between the territory controlled by Oman and the territory controlled by Iran and through which ships could pass. Some members of the Trump administration call the Iranian proposal "absurd, illogical."
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