A dramatic development in the escalating Iran-US standoff! Iran's Foreign Ministry says Tehran is ready to reopen the strategically vital Strait of Hormuz within two days if Washington accepts its demands. The announcement puts the spotlight on Washington, global energy markets and international shipping. Will the United States accept Iran's conditions? Could this offer bring relief to global oil supplies and maritime trade? Or is another major diplomatic confrontation looming? Watch our full coverage for the latest developments, geopolitical implications and what this announcement could mean for the world.