Iran’s foreign minister traveled to Russia to meet with President Vladimir Putin on Monday. Oil rose amid rising tensions related to the Strait of Hormuz.

Iranian Foreign Minister Abbas Araghchi is meeting Russian President Vladimir Putin on Monday, as peace talks with the U.S. stall.

Iran has offered the U.S. a deal to open the Strait of Hormuz, a key waterway for the oil industry, without any terms regarding its nuclear program, according to The Associated Press. Iran offered

Iran is offering to end its chokehold over the Strait of Hormuz without addressing its nuclear program, but it also wants the U.S. to lift its blockade. (AP Photo)

Iran has offered to reopen the Strait of Hormuz if the U.S. lifts its blockade and ends the war. Jelly Roll says he 'lost his way' after shedding over 200 pounds, reveals how much weight he gained back Here’s what happens when you eat a banana every day,

Iran proposes to end its blockade on the Strait of Hormuz while seeking the lifting of U.S. sanctions, amidst ongoing regional tensions and diplomatic efforts.

Ceasefires “don’t fix anything — they just stop things from getting worse,” said Michael Ratney, a former US ambassador to Saudi Arabia.

Iranian Foreign Minister Abbas Araghchi has discussed with regional interlocutors a proposal aimed at reopening the Strait of Hormuz but deferring talks with the US on Tehran’s nuclear programme for later,