Trump denies offering Iran sanctions relief, calls report a 'hoax'

President Donald Trump denied a report claiming he offered Iran sanctions relief and frozen funds, calling it a "hoax" on Truth Social. He stated, "I offered them NOTHING!" and demanded the outlet retract the story. The Axios report, citing unnamed US officials, said Trump was willing to grant relief in exchange for concrete steps on Iran's nuclear program. Iran's Foreign Minister Abbas Araghchi left New York for Tehran earlier than expected, with no talks held, though diplomatic contacts continue. The Strait of Hormuz remains central to the conflict, blockaded by Tehran since late February following US and Israeli strikes. The blockade has raised US petrol prices, pressuring Trump amid slipping approval ratings and Republican concerns about November's midterm elections.