Iran has suggested a deal to reopen the Strait of Hormuz in 7 days

Iran has offered to reopen the Strait of Hormuz and resume talks on its nuclear program in seven days if the United States lifts its naval blockade, waives sanctions on Iranian oil sales and observes a ceasefire that would include Lebanon.

Iran’s Foreign Minister Abbas Araghchi detailed the proposal in a private gathering on Thursday on the sidelines of the U.N. General Assembly in New York, according to one attendee.

Trita Parsi, executive vice president of the Quincy Institute think tank, who attended, said Araghchi suggested that a speedy agreement would help U.S. President Donald Trump ahead of November’s midterm elections.

There was no immediate comment from Iran’s U.N. mission or ...