Qatar PM Takes $8 Billion Iran Deal to Washington to Reopen Hormuz

The US and Iran are far apart in a long conflict over the Strait of Hormuz. Iran has blocked the waterway and attacked oil tankers. Qatar is now trying to broker a deal. Qatar’s prime minister brought a new proposal to Washington this week.

The offer centers on $8 billion in frozen Iranian money. Under the plan, the US would lift its naval and economic blockade on Iran. In return, Iran would reopen the Strait of Hormuz and stop attacking Gulf ships.

Qatar’s prime minister is Sheikh Mohammed bin Abdulrahman Al Thani. He visited Tehran last week. He then flew to Washington with Iran’s proposal. He met President Trump at the White House on Monday. He also met Vice President JD Vance separately that day.

Under the plan, Iran would get back $8 billion of its funds frozen in Qatar. Iran has reportedly dropped an earlier demand. It no longer wants to control the Strait or collect fees from ships passing through. Iran still refuses to discuss its nuclear program in these talks. The White House has not confirmed the deal publicly. Neither has Iran.