Trump Rejects Iran's Seven-Day Plan for Strait of Hormuz Reopening
Iran has proposed a seven-day plan to reopen the Strait of Hormuz, a key waterway for global oil supply, but President Donald Trump reportedly rejected it. The proposal, put forward by Iranian Foreign Minister Abbas Araghchi, includes a cessation of hostilities in the Middle East and the release of $12 billion in frozen Iranian assets.
The plan calls for an end to all hostilities in the region, including in Yemen, as well as the lifting of sanctions on Iranian oil and the removal of the US naval blockade. On the seventh day of the truce, Iran would reopen the Hormuz Strait, according to Araghchi.
Trump's rejection of the proposal was reported by The Wall Street Journal, citing US officials familiar with the matter. Trump is said to be skeptical that Tehran will meet his demands and sees a renewed bombing campaign as likely.
The conflict between the US and Iran has been at a stalemate for nearly seven months, with new mediation efforts taking place this week. Iranian President Masoud Pezeshkian met with UN Secretary-General Antonio Guterres in New York and stated that 'Iran has not walked away from the negotiating table, but given past experiences, it no longer trusts the United States.'