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Is Iran losing its leverage over the Strait of Hormuz?
Reopening proposal
The article focuses on a proposed short timetable under which the Strait of Hormuz could be reopened in about a week if terms were accepted. Because the proposal was rejected, it did not become a real path to normal traffic.
Diplomatic leverage
This matters because it shows traffic normalization is tied to negotiations, not only to shipping capacity or demand. Even if vessels can physically move, political conditions still determine whether passage is treated as safe and reliable.
Timing outlook
The rejection pushes the question of timing back into a wider standoff, with no clean month for a return to normal. That makes near-term normalization less certain than simple traffic data alone might suggest.
What next
The next development is whether any renewed talks produce a narrower security arrangement or humanitarian shipping guarantee. Without that, traffic may improve unevenly rather than snap back all at once.