By: Reuters

Vessels were seen near the Strait of Hormuz on Wednesday (September 23), off the coast of Oman's Musandam.

The Strait of Hormuz carried a fifth of the world's oil and gas before the US-Iran conflict.

US President Donald Trump warned on Tuesday that he could annihilate Iran if there is no deal to end the war, but also suggested an agreement could come soon amid a diplomatic push at the United Nations.

A senior Iranian official said Tehran could reopen the Strait of Hormuz within days if the US eased military pressure and lifted its blockade on Iranian ports.

The senior Iranian official told Reuters that Tehran had conveyed its latest proposal to Washington through mediators last week and could reopen the strait to Gulf shipping within seven days if its demands were met.