Iran Awaits US Reply on Hormuz Deal; Trump Denies Concessions
Iran is awaiting a US response to a proposal to reopen the Strait of Hormuz in exchange for certain conditions, with Qatar acting as mediator during indirect talks in New York. Iranian Foreign Minister Abbas Araghchi said Qatari mediators have presented proposals and will relay the US final answer, with hopes for clarity by Tuesday. Iran demands sanctions relief, an end to the naval blockade, and access to frozen funds, alongside a week-long ceasefire across Middle East conflict zones. President Donald Trump denies Axios reports that he offered concessions, stating he offered "NOTHING." The US ambassador called Iran's proposal unacceptable, while oil prices rose following the initial US rejection, highlighting Iran's economic leverage ahead of midterm elections.