## Iran Proposes Opening Strait of Hormuz in 7 Days Once US Eases Blockade, Oil Prices Fall Varinder Singh Highlights - Oil price plunge as Iran offers reopening the Strait of Hormuz within 7 days. - Iran wants US takes initial steps to ease its naval blockade and halt related military operations. - Iran’s President Masoud Pezeshkian and FM Araghchi arrives to UN General Assembly in New York. - Bitcoin continues upside momentum, with futures open interest rising 8% on CME. Iran has proposed reopening the Strait of Hormuz within 7 days if the US takes initial steps to ease its naval blockade…