UPDATE 1-Iran proposal calls for end of war and lifting of sanctions, news agency reports

Adds details in paragraph 3

DUBAI, May 10 (Reuters) - An Iranian proposal sent to the United States through mediator Pakistan stresses the need for an end to the war on all fronts and the lifting of sanctions on Tehran, Iran's semi-official Tasnim news agency said on Sunday, citing an informed source.

The proposal emphasizes the necessity of lifting sanctions by the U.S. Office of Foreign Assets Control on Iranian oil sales during a 30-day period and ending the naval blockade on Iran, Tasnim added.

Tasnim also quoted the source as saying that Iran's demands include "Iranian management of the Strait of Hormuz if certain commitments are undertaken by the U.S." The source did not specify what those commitments would be.


This page is machine-translated. Sahm tries to improve but does not guarantee the accuracy and reliability of the translation, and will not be liable for any loss or damage caused by any inaccuracy or omission of the translation. *Disclaimer: The above content only represents the author's personal position and opinion and does not represent any position of Sahm Capital Financial Company and Sahm cannot confirm the authenticity, accuracy, and originality of the above content. Investors should consider the risks of investment products in light of their circumstances before making any investment decisions. When necessary, please consult a professional investment advisor. Sahm does not provide any investment advice, nor does it make any commitments and guarantees.