Washington denounces Iran's truce proposal as 'cynical'

Washington has dismissed Iran's proposal to reopen the Strait of Hormuz as cynical, according to a top US official. Iran's Foreign Minister, Abbas Araghchi, announced the plan at the United Nations, which includes the release of frozen Iranian assets, lifting of sanctions on Iranian oil, and an end to the US naval blockade. US Ambassador to the UN Mike Waltz, however, called the proposal a "pretty cynical attempt to put something on the table that they knew was unacceptable."

The plan was rejected by US President Donald Trump, who stated that Iranian leaders wanted the deal because they were "losing so badly." Araghchi defended the proposal, stating that it was based on US rights and that Iran was ready to open the strait if certain conditions were met by the US. He expressed pessimism about the prospects of a deal, citing the administration's past behavior.