Trump Rejects Iran's Conditional Ceasefire Proposal, WSJ Reports
· World · CNBC, Al Jazeera, Bloomberg
President Donald Trump has rejected Iran's conditional proposal for reopening the Strait of Hormuz, telling aides he expects to resume bombing the country after November's midterm elections. Iranian Foreign Minister Abbas Araghchi proposed reopening the strait and resuming nuclear talks within seven days if the U.S. halts its acts of aggression, ends the naval blockade, and releases Iranian assets. Trump remains skeptical that Iran will meet his demands and views a renewed bombing campaign as likely, according to unnamed U.S. officials cited by The Wall Street Journal. Meanwhile, Saudi-led coalition forces in Yemen reported intercepting two Houthi drones headed toward Riyadh and two ballistic missiles aimed at the Khamis Mushait region. Direct fighting between U.S. and Iranian forces has decreased in recent weeks, though Iran-backed Houthi rebels have stepped up attacks on Saudi Arabia.
Why it matters
The breakdown in negotiations keeps geopolitical tensions high in the Middle East and threatens international maritime trade through the Strait of Hormuz. A renewed U.S. military campaign would impact regional security and global energy markets, affecting crude oil prices and supply chains.
Read the original report — CNBC
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