On Tuesday, Iranian Foreign Minister Abbas Araghchi and US special envoy Steve Witkoff held direct talks on the sidelines of the United Nations General Assembly in New York. The primary focus of the meeting was the current closure of the Strait of Hormuz, a critical maritime chokepoint for global oil shipments.

According to reports from Iranian state media, IRIB, Tehran has established specific conditions for reopening the waterway. These demands include the immediate lifting of the US naval blockade, the release of approximately $24 billion in frozen Iranian assets, and a ceasefire tied to the end of hostilities across various regional "resistance fronts," specifically mentioning the blockade of Houthi-controlled areas in Yemen.

While the meeting represents a rare instance of direct communication between the two nations, the reports suggest that Iran’s position has hardened. The US government has not yet issued a formal public response to these specific conditions, nor has it confirmed the details of the negotiations beyond the fact that the meeting occurred. The situation remains fluid as both parties navigate the intersection of maritime security, economic sanctions, and regional geopolitical tensions.