Trump rejects Iran deal to reopen Strait of Hormuz
US President Donald Trump has declared Iran only came forward with a deal that would have quickly opened the Strait of Hormuz because it's "losing" badly.
President Donald Trump formally declined Iran's latest proposal to reopen the Strait of Hormuz and end the escalating conflict, deeming the offer "unacceptable" during a press conference on Saturday. Trump indicated he was open to future negotiations, but the proposal fell short of his expectations. Iran had presented a plan through mediators to reopen the strategic waterway within seven days and resume talks about Tehran's nuclear program, in exchange for relief from economic pressure and commitments related to the ongoing conflict.
The Strait of Hormuz, a critical oil transit route, has experienced a significant drop in traffic since the conflict intensified earlier this year, impacting global oil supplies and contributing to economic concerns. Iranian Foreign Minister Abbas Araghchi had previously stated that Tehran was ready to resume discussions over its nuclear program if a broader agreement could be reached.
Despite Trump's rejection, Iranian President Masoud Pezeshkian expressed support for diplomacy, emphasizing Iran's willingness to engage in dialogue and negotiations without yielding to pressure from Washington. Iran's proposal followed indirect contacts between U.S. and Iranian representatives during the UN General Assembly, but Trump's decision highlights the complexities of diplomatic efforts to resolve the seven-month conflict between the U.S., Israel, and Iran.
Written by urgent.news from Newsweek's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
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