[Crude Oil Declines, U.S. Reportedly Proposes 'Sanctions Lift for Strait Reopening,' Pakistan Army Chief Visits Iran for Mediation Progress] BlockBeats News, August 25: According to reports from Arab media, Pakistan's Army Chief Asim Munir recently made a lightning visit to Iran, conveying a new proposal from the U.S. to Iranian leadership. The U.S. reportedly offered to lift its blockade and sanctions on Iran in exchange for Iran reopening the Strait of Hormuz and halting attacks by its affiliated armed groups. Following the news, international oil prices dropped sharply during intraday trading, with both WTI and Brent crude falling over 3% at one point during the day. It is reported that Munir held meetings with several senior Iranian officials in Tehran, focusing on preventing further escalation of conflicts, restarting negotiations, and reopening the Strait of Hormuz. The Pakistani military stated that the discussions achieved "significant progress." Meanwhile, Iran expressed its desire to seek a "permanent solution" to the current crisis but emphasized that it would continue to fight if the situation escalates again. At the same time, the U.S. is intensifying economic pressure on Iran, although the latest sanctions have yet to specify their exact targets or effective date, which has been interpreted by the market as Washington leaving room for negotiations. Notably, the details of the U.S. proposal for 'sanctions lift for strait reopening' primarily come from Arab media and lack independent confirmation from other mainstream English-language outlets. [Original Link]