A post by @DeItaone on X.

Iranian officials have left Doha following indirect negotiations with Washington as a draft proposal for a potential agreement circulates, according to a report from Walter Bloomberg. Tehran is conditioning any final deal or reopening of the Strait of Hormuz on the end of the US naval blockade, and has reportedly offered to reopen the strait within 48 hours under an agreement, down from an earlier seven-day timeline. The development matters for energy markets because roughly a fifth of global oil transits the Strait of Hormuz, so any movement toward reopening could ease supply-risk premiums embedded in crude prices. Watch next for whether the circulating draft proposal gains traction, whether the US eases the naval blockade, and any confirmation of the strait's reopening timeline.