Trump Rejects Iranian Plan to Reopen Strait of Hormuz

The Strait of Hormuz, a critical waterway for global oil trade, remains closed after US President Donald Trump rejected an Iranian proposal to reopen it. The plan, proposed by Iran's foreign minister, would have seen Tehran open the strait within a week and resume nuclear talks if certain conditions were met, including lifting a naval blockade and waiving sanctions.

The rejection comes as tensions between the US and Iran continue to escalate, with Trump stating that only a 'negotiated solution' can end the conflict. The Strait of Hormuz is a vital shipping lane, carrying over 20% of global oil exports, and its closure has significant implications for the global economy.

Iran's foreign minister said they are waiting on a 'definitive' response to their proposal, despite Trump's public rejection. The situation remains tense, with no clear resolution in sight.