Energy & Environment — Iran floats plan to reopen strait

View Online Energy & Environment Energy & Environment The Big Story  Iran pitches 7-day plan Iran has shared a seven-day plan with the U.S. to end fighting between the two countries, reopen the Strait of Hormuz and restart talks for a final peace deal, Tehran’s foreign minister told multiple outlets Thursday in New York City. Khaled Elfiqi, Associated Press file Iranian Foreign Minister Abbas Araghchi told a group of reporters at the UN General Assembly that “if certain conditions are met” by Washington, the strait would be opened at the end of the plan’s seven days.   Araghchi noted that the terms of the proposal, given to the U.S. through intermediators, closely matched commitments in the now dead 14-point Memorandum of Understanding (MOU) signed by Washington and Tehran in June. That deal unraveled amid renewed fighting in July.   Read more here, from The Hill's Ellen Mitchell. Welcome to The Hill’s Energy & Environment newsletter, I’m Rachel Frazin — keeping you up to speed on the policies impacting everything from oil and gas to new supply chains. Did someone forward you this newsletter? Subscribe here. Essential Reads  How policy will affect the energy and environment sectors now and in the future: A reprieve from rising oil prices helps US stocks finish the week higher A cooldown in oil prices on Friday helped release some of the pressure that’s built up on Wall Street, and U.S. stocks closed out their first winning week in the last three.  Full Story Beyer says Trump is prepping construction of his arch A prominent Democrat said Thursday that President Trump appears to be laying the groundwork for construction of his controversial arch just outside Washington.   Full Story What We’re Reading  News we’ve flagged from other outlets touching on energy issues, the environment and other topics: Maine posts record-breaking heating oil prices amid Iran War (Maine Public) Germany pledges to phase out fossil fuels for first time with target of 2045 (The Guardian) On Tap  Upcoming news themes and events we're watching: The Senate could soon take up the Ratepayer Protection Act, which would force states to consider putting data centers' electricity costs on tech companies What Others are Reading  Two key stories on The Hill right now: McConnell, Cornyn join letter questioning Trump invite to Putin A group of senators, including seven Republicans, sent an open letter to President Trump on Friday to express “serious concern” and press him to explain why he invited Russian President Vladimir Putin to attend the Group of 20 Leaders’ Summit in Miami later this year amid Russia’s war with Ukraine.  Read more Supreme Court blocks use of GOP-favored map in Missouri — again  The Supreme Court on Friday blocked a directive for Missouri Republicans to use their favored congressional map, again, making clear to officials they must return to an old design for November after the state’s messy redistricting battle.  Read more   You’re all caught up. See you Monday!  Check out The Hill's Energy & Environment page for the latest coverage. Like this newsletter? Take a moment to view our other topical products here 📩 Privacy Policy  |  Manage Subscriptions  |  Unsubscribe  400 N Capitol Street NW Suite 650, Washington, DC 20001 Copyright © 1998 - 2026 Nexstar Media Inc. | All Rights Reserved.