US Rejects Iran's Seven-Day Plan for Strait Reopening

The latest development in the US-Israel-Iran conflict has seen Iran's foreign minister, Abbas Araghchi, propose a seven-day plan to end hostilities and reopen the Strait of Hormuz. According to Reuters, this proposal is similar to the terms contained in a memorandum of understanding signed with the United States in June. The reported conditions include an end to hostilities, the release of frozen Iranian assets estimated at about $12 billion, the lifting of sanctions on Iranian oil, and an end to the US naval blockade.

However, US President Donald Trump has reportedly rejected this proposal. Iran is still awaiting a formal response from Washington, making the status of the proposal uncertain. The Strait of Hormuz remains central to the negotiations, as its reopening would affect maritime traffic, energy supplies, and wider regional trade.