Mediators have proposed a 5-day mutual compromise agreement between the U.S. and Iran, under which the strait will be reopened in exchange for the lifting of the maritime blockade.

According to a report by The New York Times on the evening of the 26th Beijing time, as widespread concerns mount that the U.S. and Israel may soon launch a new round of strikes against Iran, senior representatives from Saudi Arabia, Turkey and Pakistan held talks with Iranian officials in Tehran on Monday. The visit is the latest step in a series of intense diplomatic efforts by regional mediators in recent times. Gulf officials said Monday’s talks aim to support the mediation work of Qatar and Pakistan, with the goal of urging Iran to demonstrate sufficient flexibility to reach a diplomatic solution with the U.S. Two diplomats noted that Qatari mediators have been pushing for a U.S.-Iran agreement under which both sides will make a series of concessions within five days. Under part of the proposed concession terms, Iran will reopen the Strait of Hormuz to allow commercial vessels to transit, while the U.S. will lift its naval blockade on Iranian ports. The main obstacle to reaching an agreement is determining the timing of each side’s respective concessions. They added that mediators have been pressing Iran to make concessions on its nuclear program in the early phase of the agreement’s implementation.