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The plan allows Iran and Oman to charge a fee of up to $2m a ship on vessels transiting through the strait, according to reports. Iran would then use the money it raises for reconstruction.
If peace talks fail, Tehran may again seek to close the strait.
Will the US agree to this 10-point plan and Iran’s proposals?
Since negotiations began between the Trump administration and Iran over the status of Tehran’s nuclear programme almost a year ago, their vastly different demands and the limits to what each side would concede have proved a barrier to any lasting agreement.
Iran’s demand that it retains control over the strait of Hormuz has been highlighted as of particular concern, as it held no control over the strait before the conflict began.
The Democratic senator Chris Murphy leapt on the comments from Iran, telling CNN “who knows if any of that is true, but if this agreement gives Iran the right to control the strait that is cataclysmic for the world”.
Trump himself has not commented directly on Iran’s demands, but said the US would “be helping with the traffic buildup in the strait of Hormuz”.
Experts and analysts have suggested that Iran’s maximalist demands are unlikely to be agreed to by the US, but will rather form the basis for talks.
Is Israel part of the deal?
Israeli prime minister Benjamin Netanyahu’s office said Israel supports the US decision to suspend strikes against Iran for two weeks, but that the ceasefire does not include Lebanon. Pakistan’s prime minister had previously said that the agreed ceasefire covered “everywhere including Lebanon.”
Netanyahu’s office said Tehran must immediately open the strait and stop attacks against the US, Israel and countries in the region. Israel also said it supported US efforts to ensure Iran no longer posed a nuclear, missile or “terror” threat.
The Israeli offensive in Lebanon has killed at least 1,500 people and displaced 1.2 million others. Lebanon was pulled into the war when Hezbollah fired rockets at Israel in solidarity with Tehran.
What will happen next?
Pakistan’s prime minister, Shehbaz Sharif, who helped mediate the ceasefire, said in a post on X that he had invited Iranian and US delegations to meet in Islamabad on Friday.
Tehran has said it will participate in the talks. The White House said it is considering in-person talks with Iran but they have not been finalised.
What happened in the hours leading up to Trump pausing his deadline?
Late on Tuesday, Pakistan’s prime minister urged Trump to extend his deadline by two weeks to allow diplomacy to advance. In a post on X, Sharif, whose country has been leading negotiations, also asked Iran to open up for two weeks the strait of Hormuz.
China, which is Tehran’s biggest trade partner, encouraged the Iranians to find a way to a ceasefire as talks progressed, according to two officials who were not authorised to comment and spoke to AP on condition of anonymity. Trump told AFP on Tuesday he believed China had helped get Iran to the negotiating table.
With the US midterm election campaign ramping up, Trump’s approval ratings have hit their lowest level ever, leaving his Republican party at risk of losing its narrow majorities in Congress. Polls show sizeable majorities of Americans are opposed to the war and frustrated by the rising cost of petrol.
https://www.theguardian.com/world/2026/apr/08/iran-10-point-plan-ceasefire-donald-trump-us