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Iran proposed a seven-day pause in fighting and reopening the Strait of Hormuz in exchange for relief from the US naval blockade and access to billions in frozen funds. Trump rejected it; oil flows averaged about 13 million barrels per day last week, below prewar levels.
AllegedIran’s proposal estimated its frozen assets at no less than $12 billion.
Indirect US-Iran talks continued over reopening the Strait of Hormuz; Iran said it would remain closed until seven conditions were met, while Washington focused on nuclear talks. Iran’s rial passed 2.5 million per dollar amid the blockade.
AllegedTime Iran said it could reopen the Strait of Hormuz after reciprocal US steps
Hardliners in Iran’s parliament are pushing for impeachment proceedings against Foreign Minister Abbas Araghchi after his meeting with US negotiators. Oil Minister Mohsen Paknejad’s resignation has not eased pressure on President Masoud Pezeshkian’s government.
Iranian Foreign Minister Abbas Araghchi told his Saudi counterpart that Iran was ready to help facilitate dialogue between Saudi Arabia and Yemen. The call followed a Houthi attack on Riyadh airport that the article says killed 12 people and wounded 300.
People killed in the Riyadh airport attack