The new proposal was presented to Washington via Pakistan, the mediator, Axios reported, adding that it focuses on resolving the crisis over the strategic waterway and the US naval blockade.
The new deal, sent to the US by Iran, is aimed at reopening the Strait of Hormuz, whose closure has deepened a global energy crisis, ending the war, and postponing the nuclear talks, the report said, citing a US official and two sources.
The ceasefire would be extended for a longer period as part of the new deal, or Tehran and Washington will agree to permanently cease hostilities.
Nuclear negotiations would begin at a later stage, only after the Strait is reopened and the US naval blockade on Iranian ports is lifted, Axios reported.
The White House has reportedly received the proposal. However, it remains unclear whether the Trump administration would explore the new deal.
