CLAVE 1 / 4Iran has given the US seven days to accept a proposal to reopen the Strait of Hormuz, the world’s busiest oil transit route.
CLAVE 2 / 4Tehran’s conditions include lifting the US naval blockade on Iranian ports and waiving sanctions on Iranian oil sales.
CLAVE 3 / 4Crude oil flows through the strait have dropped to 33.7 million barrels this week, down from 49.2 million last week.
CLAVE 4 / 4The US has redirected 122 commercial vessels to enforce the blockade, while Iran has blacklisted 81 ships for non-compliance.
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