US, Iran in Mediator Talks on Revised Seven-Day Ceasefire — SkimNews

Get the Geopolitics newsletter
Daily geopolitics — wars, elections, sanctions, the diplomatic moves that move markets. Free.
- US and Iranian officials spoke separately with mediators on Monday, September 28, 2026, in a renewed effort to end the seven-month war that began with US and Israeli attacks on Iran in late February.
- Iranian Foreign Minister Abbas Aragchi, who remained in New York after the UN General Assembly, said Iran expects to receive the US response to its latest ceasefire proposals and conditions for restoring maritime traffic through the Strait of Hormuz, telling IRNA: "If the Americans claim they are seeking an agreement or a peaceful solution, we have presented that solution."
- President Trump publicly rejected Iran's proposal on Saturday, saying Iran wanted a swift deal because of crippling economic pressure, but told Axios on Sunday he expects US negotiators to engage in further talks this week.
- Aragchi countered that mediators had not formally conveyed a US rejection and that Iran is awaiting Washington's definitive position, adding that "any move toward reopening the Strait of Hormuz is contingent on these conditions being met."
- Iran's seven-day plan envisions ending all hostilities in Iran and Lebanon, unfreezing billions in Iranian assets, lifting sanctions on Iranian oil, ending the US blockade on Iranian ports, and reopening the Strait of Hormuz in exchange for resumed talks on Iran's nuclear program and highly enriched uranium.
- Two previous mediated ceasefires in April and June collapsed quickly, underscoring the fragility of any new deal in a conflict that has killed thousands and choked vital oil waterways.
Why it matters: The Strait of Hormuz — a critical oil corridor — remains choked after seven months of war. Iran's plan ties its reopening to the US lifting its port blockade and unfreezing billions in Iranian assets, while Trump's public rejection clashes with his simultaneous signal that negotiators will engage further this week, leaving oil markets and regional shipping in continued limbo.
Ask SkimNews


