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Tehran has repeatedly closed off the strait since the US and Israel attacked the country in February.
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President Donald Trump announced "major combat operations" against Iran on Feb. 28, with massive joint U.S.-Israeli strikes.
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President Trump cited progress in the negotiations when canceling a threatened attack on Iran over the weekend. Iran said there were no current talks with the United States.
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The United States and Iran will hold new talks Monday afternoon, President Donald Trump said, after announcing he called off intense new strikes to allow for a deal on the Strait of Hormuz and Tehran's nuclear program.
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The latest peace proposal calls for warring parties to return to negotiations and continue working out some of the thorny issues that derailed diplomatic efforts.
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