Trump Rejects Iran Hormuz Deal, Tehran Insists on Talks — SkimNews

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- Trump publicly rejected Iran's proposal to reopen the Strait of Hormuz to commercial shipping within seven days, calling it "not acceptable" and claiming the US already has "total control" of the waterway.
- Iranian Foreign Minister Abbas Araghchi said only a "negotiated solution" can end the conflict, acknowledged Trump's "contradictory" statements, and said Tehran awaits a "definitive" US response via mediators.
- Iranian President Masoud Pezeshkian said the "distrust created by this war" must be overcome, the US must show it does not intend to overthrow Tehran's government, and proposed implementing the June MOU in stages.
- The Strait of Hormuz, through which roughly a fifth of the world's oil and gas supply normally flows, has been effectively closed since the war's outbreak in February.
- Treasury Secretary Scott Bessent said Turkey, Oman, and the UAE halted flights from Iranian airlines, with some banks in the UAE and Turkey stopping transactions, as part of "Operation Economic Outcast."
- Iran's new Supreme Leader Mojtaba Khamenei, injured in the February US strike that killed his father, has not been seen in public; Pezeshkian claimed to have held seven-hour talks with him and said he has "no specific ongoing health issues."
- US Ambassador to NATO Matthew Whitaker backed Trump's rejection on Fox News, calling Iran's offer "half measures" and "illusory deals to make themselves look good on the world stage."
Why it matters: The Strait of Hormuz carries roughly a fifth of global oil and gas supply, and its effective closure since February has driven "massive rises in global oil prices," per Trump. Tehran's insistence that only talks can end the conflict, paired with Trump's rejection and escalating "Operation Economic Outcast" sanctions, narrows the diplomatic window as economic pressure on Iran — and fuel costs worldwide — intensifies.
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