Iran insists on diplomatic solution after Trump rejects peace plan

AI Summary

Iran demands a diplomatic resolution after the US under President Trump rejected its peace plan, linking the reopening of the strategic waterway to US agreement on its conditions. The ongoing conflict affects global oil shipments and regional trade, heightening geopolitical tensions.

Tehran says reopening the strategic waterway depends on US acceptance of its conditions, while Washington maintains pressure on Iran as the conflict disrupts global oil flows and regional trade.