Iran has presented a new proposal to the United States for reopening the Strait of Hormuz, a crucial passage for global oil shipments, through Pakistani mediators. This comes as U.S.-Iran peace talks have stalled, with President Donald Trump asserting that Iran can negotiate an end to the ongoing conflict but must first remove barriers, including the blockade of Iranian ports. The conflict, which began with U.S.-Israeli strikes on February 28, has resulted in thousands of deaths and increased oil prices, contributing to global inflation and economic uncertainty. Despite a ceasefire, no agreement has been reached, and tensions remain high, particularly as Iran has largely closed the Strait of Hormuz. In related developments, Israel has issued evacuation orders for southern Lebanon due to escalating hostilities with Iran-backed Hezbollah. The situation continues to evolve, impacting both regional stability and global markets.