Iran proposes Hormuz plan, Trump reportedly refuses

AI Summary

Iran proposed a plan to reopen the strategic Strait of Hormuz, which was reportedly rejected by US President Donald Trump. The waterway is vital for global oil supply and is central to the ongoing conflict between the US and Iran, with recent UN mediation efforts offering some potential for progress.

Iran offered a plan to reopen the strategic Strait of Hormuz, Tehran said Friday, but within hours reports indicated that US President Donald Trump rejected the proposal. The waterway key to the world's oil supply is central to the conflict between the United States and Iran, which is at a stalemate after nearly seven months. But new mediation efforts at the UN's gathering of world leaders in New York this week offered some optimism of progress toward a deal.