Trump aware of Iran's urgent need for funds and end to sanctions, analyst says

US President Trump has rejected Iran's conditional ceasefire proposal, according to reports. The Wall Street Journal cited Trump as expecting renewed US bombing of Iran after the midterm elections. Saudi-backed forces have intercepted projectiles amid escalating violence between Saudi Arabia and the Houthis.

The US ambassador to Beijing said China has assured Washington it will not assist Iran. However, an Iranian official reported that China will not limit its ties with Tehran. Iranian President Masoud Pezeshkian has denied any involvement of Iran in the re-escalated Houthi-Saudi conflict, offering to help resolve the conflict through diplomacy.

Pezeshkian accused the US and Israel of making Gulf countries fight each other to control the region's wealth. He stated that Iran was attacked "from the airspace of Muslim countries" and that his country will not be a warmonger, offering to help resolve the dispute. According to CNBC and Haaretz, Trump expects renewed US bombing of Iran after the midterm elections, as Saudi-backed forces intercept projectiles.

Brief written by urgent.news from CNBC, CNBC World, Haaretz, Ajel English, Times of India — 5 reports on this story. Machine-written — may contain errors; check the original before relying on it.