ERBIL, Kurdistan Region of Iraq – Iran said Monday that the Strait of Hormuz could be reopened within two days if the United States meets Tehran’s conditions, as the threat of renewed hostilities looms.

Foreign ministry spokesperson Esmail Baghaei told a press conference that if Iran’s conditions outlined in the June memorandum of understanding (MoU) are met, “it is possible to implement the entire plan within two days, restore security to the Strait of Hormuz, and initiate the negotiation process.”

“That is entirely dependent on the will and decision of Washington,” he added.

The MoU between Washington and Tehran, which aimed to end hostilities and resume negotiations for 60 days, collapsed 21 days later as fighting resumed and both sides targeted each other's interests in the region.

Iran’s conditions included an end to fighting on all fronts, the lifting of sanctions, and post-war reconstruction. A key US demand was the restoration of free navigation through the Strait of Hormuz, which Iran closed at the onset of its war with the US and Israel in late February.

The US, in turn, imposed a naval blockade on Iranian ports.

“No agreement will be reached, and the Strait of Hormuz will not be reopened or secured unless the US maritime blockade is lifted and the legitimate demands of Iran are met,” Baghaei said. “The initiative on the table is the Iranian plan; the ball is in Washington's court.”

Diplomatic efforts between the warring parties have been marred by US threats of new strikes against Iran.

The US and Israel are reportedly preparing for possible renewed strikes on Iran after the November 3 US midterm elections. The White House said on October 22 that the US would not resume attacks before the vote.

Among the potential targets Trump has mentioned was Pickaxe Mountain, south of the Natanz nuclear complex, where nuclear material is believed to be stored.