Trump rejects Iranian proposal to reopen Strait of Hormuz

US President Donald Trump officially rejected an Iranian proposal to reopen the strategic Strait of Hormuz and end hostilities within seven days. The initiative was transmitted to Washington via Qatari mediators during the UN General Assembly in New York. President Trump dismissed the plan, arguing that Tehran is desperate due to the ongoing economic blockade. Despite the rejection, Trump indicated that further indirect negotiations are expected to take place this week, though he maintained that the current Iranian offer does not meet American requirements.

Following the rejection, the Iran-established Persian Gulf Strait Authority warned that commercial vessels navigating 'illegal' routes face severe risks, including potential loss of life and future transit restrictions. Iranian Foreign Minister Abbas Araqchi stated that Tehran remains open to diplomacy but will not back down from its established conditions. Meanwhile, military officials warned of severe consequences if the US initiates new attacks. Financial markets reacted sharply to the uncertainty, with oil prices rising over 2.5% as global energy supply concerns intensified. While some reports suggest the possibility of renewed American military strikes after the November elections, indirect diplomatic channels remain active through Qatar.