Trump Dismisses Iran's Seven-Day Strait of Hormuz Proposal

United States President Donald Trump has rejected a seven-day proposal from Iran to reopen the strategic Strait of Hormuz, as reported by The Wall Street Journal. Iranian Foreign Minister Abbas Araghchi announced the proposal at the United Nations General Assembly in New York, stating that Iran would restore normal maritime passage if the U.S. lifted its naval blockade and oil sanctions.

Iranian President Masoud Pezeshkian, after attending the UNGA, reiterated Iran's readiness to negotiate but expressed distrust towards the U.S. Araghchi indicated that Iran communicated the proposal through Qatar, emphasizing that the U.S. holds the responsibility for its implementation.

The proposal includes demands for a cessation of hostilities in the Middle East, the lifting of U.S. sanctions on Iranian oil, and the release of over $12 billion in frozen Iranian assets. Pezeshkian noted that the process could begin immediately if the U.S. accepted the terms, which were based on a previous memorandum of understanding.