Trump Rejects Iran's Seven-Day Plan to Reopen Strait of Hormuz
President Trump has rejected Iran's seven-day plan to reopen the Strait of Hormuz and enter a ceasefire. The plan, which was proposed by Iranian Foreign Minister Abbas Araghchi, would have seen Iran reopen the strait and resume negotiations over its nuclear program in exchange for several concessions from the US.
The US is skeptical about Iran's ability to honor its end of the deal, with President Trump telling reporters that he is contemplating resuming military strikes against the country. Tehran is seeking an end to the US naval blockade of Iranian ports, waivers on sanctions targeting Iranian oil sales, and a ceasefire that would extend to Lebanon.
The president argued that Iran wants to reopen the Strait of Hormuz because it needs the revenue from oil sales to stay afloat, saying 'they have no money coming in' due to the current situation. He also reiterated his demand that Tehran not obtain a nuclear weapon and put an end to its uranium enrichment efforts.