India, March 15 -- Amid Iranian foreign minister Abbas Araghchi saying the Strait of Hormuz was open to all countries except the United States and Israel, a report has emerged about another of Tehran's considerations regarding the key trade and oil route.

According to a CNN report, Iran is considering allowing a limited number of oil tankers to pass through the Strait of Hormuz, provided the oil cargo is traded in Chinese yuan. The report cited an unnamed senior Iranian official for the update.

According to the official cited in the report, the potential move comes as the Islamic Republic is working on a new plan to manage the flow of oil tankers through the Strait.

Hundreds of ships, including many Indian vessels, remain stranded in t...