Trump Rejects Iranian Proposal for Ceasefire and Strait of Hormuz Opening

U.S. President Donald Trump confirmed on Saturday that he rejected an Iranian proposal aimed at a ceasefire and reopening the Strait of Hormuz. "They submitted an offer, but I rejected it," Trump told reporters, indicating he had no intention of accepting Tehran's terms at this time. The rejection follows Iran's attempt to advance a seven-day framework during which it demanded significant concessions from the U.S. before opening the strait and entering negotiations. These demands included sanctions relief on Iranian oil, the release of at least $12 billion in frozen Iranian assets, and the lifting of a U.S. naval blockade.

Iranian Foreign Minister Mohammad Javad Zarif presented this proposal during his visit to New York for the UN General Assembly. According to the plan, upon American agreement, a seven-day ceasefire would commence, also encompassing the situation in Lebanon and the conflict in Yemen. Following this period, Iran would reopen the Strait of Hormuz, paving the way for broader negotiations with the U.S., including on its nuclear program.

However, Trump opted not to accept the offer. The Wall Street Journal had previously reported Trump's rejection, citing closed-door discussions where he expressed skepticism about Tehran meeting U.S. demands. The report also suggested Trump told advisors that the U.S. might resume attacks on Iran after the November midterm elections, though likely not escalating to a full-scale war to preserve U.S. ammunition stockpiles.

For Israel, this rejection maintains the current U.S. pressure on Iran. Tehran's proposal would have provided significant economic relief, unblocked billions in assets, and eased pressure on its oil exports, all before comprehensive nuclear talks. The Strait of Hormuz, through which about a fifth of the world's traded oil and gas passes, has been a key leverage point for Iran, and disruptions there impact global energy markets.

Trump's decision comes shortly after he dedicated a significant portion of his UN General Assembly speech to confronting Iran, defending his policy of pressure to prevent Tehran from acquiring nuclear weapons. He also alluded to the midterm elections, suggesting Iran was waiting for their outcome, but emphasized his primary concern was Iran's nuclear program, warning of consequences if a deal wasn't reached.