The "Rashomon" of US-Iran negotiations: If the blockade is lifted, will the Strait of Hormuz reopen within 7 days?
WTI crude oil fell below 90 USD per barrel, with an intraday decline reaching 2.9%. According to reports, an Iranian official stated that if the United States takes preliminary measures to ease military pressure, including ending the military blockade of Iranian ports and stopping military actions related to the Strait of Hormuz, Iran is willing to reopen the Strait of Hormuz within 7 days. However, Iranian sources later denied reports regarding the reopening agreement of the Strait of Hormuz.