Iran has indicated its willingness to keep the Strait of Hormuz open for international commercial shipping, as renewed diplomatic contacts between Tehran and Washington appear to be underway.

US President Donald Trump said that negotiations had begun, stressing that "actions matter more than words." He also warned that if Iran failed to cooperate, it could face "serious consequences."

Meanwhile, Iranian officials have signalled that commercial vessels from around the world would be allowed to pass through the Strait of Hormuz without paying tolls. Reports also suggest that maritime mines in the area would be cleared to ensure safe navigation.

Iran has also informed Pakistan of its intentions regarding the strategic waterway, according to reports.

US Vice President JD Vance said that the Strait of Hormuz was already open, while several countries in the region have expressed the view that the Middle East should prioritise dialogue and stability over further military confrontation.

President Trump said that discussions between the two sides were progressing well, suggesting that Washington was seeking a diplomatic solution rather than a prolonged conflict.

However, his warning of "serious consequences" if Iran does not cooperate has raised questions about whether the renewed negotiations can overcome the mistrust that has repeatedly undermined previous diplomatic efforts.