India, Sept. 25 -- Oil prices retreated from recent highs on Friday following reports that Iran has submitted a proposal to the United States to end their war and reopen the Strait of Hormuz within seven days.
The proposal was delivered to U.S. officials when the sides met through mediators this week, the Washington Post quoted Iranian Foreign Minister Abbas Araghchi as saying on the sidelines of the UN General Assembly session in New York.
For comments and feedback contact: editorial@rttnews.com
Published by HT Digital Content Services with permission from RTT News....