US President Donald Trump rejected Iran's proposal to end the conflict and reopen the Strait of Hormuz, citing a lack of confidence in Tehran's good faith. Iran had offered to lift its naval blockade, waive sanctions, and release frozen assets in exchange for immediate sanctions relief and the end of UN snapback sanctions.
The rejection of Iran's proposal and the ongoing diplomatic standoff underscore the persistent tensions in the Middle East, with potential implications for global oil supply and shipping routes, particularly the Strait of Hormuz.
US President Donald Trump has rejected Iran's latest proposal aimed at ending the ongoing conflict and reopening the Strait of Hormuz, citing a lack of confidence in Tehran's intentions. Trump stated on Saturday that Iran wants a deal because it is "losing so badly," and that the proposed terms were "not acceptable."
Iran's seven-day proposal included the lifting of the US naval blockade on its ports, waiving sanctions on its oil sales, releasing an estimated $12 billion in frozen assets, and observing a wider regional ceasefire. In return, Iran would reopen the Strait of Hormuz and begin negotiations with Washington on a final agreement. This proposal is similar to a June memorandum of understanding that collapsed last month, leading to an escalation of attacks in the Strait of Hormuz.
US Ambassador to the UN Mike Waltz told CNN that President Trump does not believe Iran is negotiating in good faith, particularly regarding its nuclear program. Waltz pointed to alleged breaches of a previous ceasefire agreement by Iran, including attacks on international shipping, which he said 146 nations have condemned.
Experts suggest Trump believes that continued economic pressure and isolation are weakening Iran, improving the US bargaining position. The Trump administration has intensified sanctions and imposed aviation sanctions on Iran, with Treasury Secretary Scott Bessent promising further targeting of Tehran's financial interests globally. Some analysts believe Washington is calculating that prolonged economic pressure will lead Iran to make more concessions, potentially mirroring the lead-up to the 2015 Iran nuclear deal.
However, waiting for a deal also carries political risks for President Trump, especially with US midterm elections approaching in 37 days. Recent polling indicates that Trump's approach to Iran has become increasingly unpopular, potentially impacting the Democratic Party's chances of regaining control of Congress.
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