Iran is awaiting a final U.S. response to its proposal for reopening the Strait of Hormuz, with Foreign Minister Abbas Araghchi saying Tehran's conditions remain unchanged. Qatar and Pakistan are mediating between Tehran and Washington and are seeking to revive the Islamabad Memorandum of Understanding, but the extent of progress remains unclear. The broader talks concern reopening the strait, ending the U.S. blockade, sanctions relief and nuclear commitments, with the sides still divided over the sequence of steps. Brent crude remained above $108 a barrel as disrupted shipping through Hormuz and risks near the Bab el-Mandeb Strait continued to strain energy markets.