Urgent.News

What's breaking now, across thousands of outlets.

Business

Trump reportedly rejects Iran’s seven-day peace deal to reopen strait of Hormuz

Tehran awaits official response to plan, but US president is said to expect renewed strikes after midterms Iran is awaiting an official US response to its proposal to reopen the strait of Hormuz and end fighting in the Middle East war as Donald Trump was reported to have rejected the deal. Iran raised the diplomatic initiative at the UN general assembly in New York, saying it had been transmitted…

Trump reportedly rejects Iran’s seven-day peace deal to reopen strait of Hormuz

Tehran is awaiting an official US response to its proposal to reopen the strategic strait of Hormuz and end the ongoing Middle East conflict, as President Donald Trump reportedly rejected the deal. The Iranian foreign minister, Abbas Araghchi, presented the plan at the UN general assembly in New York, stating that it could be implemented within seven days if the US lifts its naval blockade, waives sanctions on Iranian oil sales, and observes a ceasefire.

The seven-day timeline would begin after the US accepts the plan, with the strait opening on the sixth day and talks with the US starting on the seventh. If the US shows seriousness about reaching a deal and reopening the strait, Iran believes everything is prepared for the negotiations. Saudi Arabia has also engaged with Iran regarding the strait, highlighting the significance of the conflict, which has disrupted oil flows and affected the global economy.

Iranian President Masoud Pezeshkian expressed readiness for talks on Iran's nuclear program and other issues, but emphasized that Iran would not accept bullying or coercion. Previous attempts at diplomacy have failed to resolve the seven-month-old war, which has resulted in thousands of casualties and significant economic disruption.

Written by urgent.news from Guardian Business's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.

This story

This is one outlet's version. Read the fullest account.

Read the original at theguardian.com →

More in Business

The Rejection Email Told You Nothing

Four rounds, a take home exercise, a long afternoon of conversations that you thought went well. Then an email. We have decided to move forward with other candidates. We wish you every success.

  • Rejection emails provide little information to applicants.
  • Speculation arises about reasons for lack of selection.
  • Narrow questions in response yield more personalized answers.

More from Saturday 26 September →