
AI-generated summary
The Strait of Hormuz, a key passage for about one-fifth of the world's natural gas and oil supplies, has been effectively closed since the war broke out in February. Iran and the United States had previously signed a memorandum of understanding, but the Trump administration later tore up the agreement and resumed military operations against Iran.
Iran's foreign minister said only a "negotiated solution" could end the conflict between the United States and Iran, after President Trump publicly rejected a proposal to reopen the Strait of Hormuz.
Trump told reporters at the White House that Iran's proposal was not "acceptable" and that Tehran hoped to reach an agreement within seven days to reopen the strait to commercial shipping because "they lost so badly."
Iranian Foreign Minister Abbas Araghchi acknowledged Trump's rejection in a Telegram post, but said Iran would wait for a "clear" official response from the United States.
He said the president has made conflicting statements in the past.
Araghchi said that the conditions for reopening the strait are the same as those contained in the memorandum of understanding (MOU) between the United States and Iran signed in June this year.
Iran said it had raised the issue of reopening the strait and ending hostilities during negotiations during the past week at the UN General Assembly in New York.
The vital waterway, through which about a fifth of the world's natural gas and oil supplies are normally transported, has been effectively closed since the war broke out in February.
"I reject their deal," Trump said on Saturday, adding that the United States had "complete control" of the strait through which "a lot of oil" passes, causing a sharp rise in global oil prices and soaring fuel costs for consumers.
Araghuzzi wrote on Telegram that Trump "has made many positive statements, but also many contradictory statements, which unfortunately we hear all the time."
He continued: "We are waiting for clear opinions from the mediator, and we will make a decision accordingly."
Separately, while attending the United Nations General Assembly in New York, Iranian President Masoud Pezeshkian told BBC US news partner CBS that for negotiations to be successful, "the distrust caused by this war must be overcome."
He said Iran was willing to negotiate on the phased implementation of the memorandum of understanding to break the deadlock, but "the United States needs to prove that it has no intention of overthrowing our government."
Pezeshchiyan said Trump had "torn up" the memorandum of understanding when the United States resumed its bombing campaign, adding: "If we don't abide by what has been written, can we still solve the problem through dialogue?"
He was also asked about Iran's new supreme leader, Mojtaba Khamenei, whose father was killed in a U.S. airstrike in February and who was injured in the attack and has not been seen in public since. There were reports that he suffered serious injuries to his legs and face.
Pezeshchiyan said he had met with the supreme leader twice and told CBS that he had "no specific ongoing health issues or difficulties" and was in good health for the seven-hour meeting.
Oman, who has been a mediator between the United States and Iran, called on all parties to continue open dialogue to resolve the crisis.
Omani Foreign Minister Sayyid Badr bin Hamad bin Hamood Albusaidi said during the general debate of the United Nations General Assembly that "all parties" should cooperate with Oman and work together to maintain navigation safety in this strategic waterway.
U.S. Ambassador to Nato (Nato) Matthew Whitaker supported Trump's rejection of the Iranian proposal.
In an interview with Fox News on Saturday, Whitaker said Iran was proposing only "half-measures" and "a phantom deal to embellish its image on the international stage."
"President Trump has the authority to reject this proposal," he said.
Separately, Treasury Secretary Scott Bessent said on Saturday that economic sanctions imposed by the United States are hitting Iran.
Bessent posted on the X platform that Turkey, Oman and the United Arab Emirates have suspended flights of many Iranian airlines, and some banks in the United Arab Emirates and Turkey have also stopped transactions with Iran.
The Trump administration has dubbed its economic blockade against Iran "Operation Economic Outcast," and the White House is trying to use economic pressure to force Tehran to stop its attacks on ships in the Strait of Hormuz.
AI outlook — possibilities, not facts
Iran will wait for a clear official response from the United States within seven days to decide on follow-up actions
Likely · Within days
The United States will maintain military and economic control of the Strait of Hormuz unless Iran makes significant concessions
Likely · Within weeks
Oman will continue to play a mediating role between the United States and Iran and promote the resumption of negotiations between the two parties.
Possible · Within weeks

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Since the conflict between the United States and Iran broke out on February 28, the confrontation between the United States and Iran has lasted for seven months. The continued obstruction of navigation in the Strait of Hormuz has seriously affected the export of crude oil. Although the United States and Iran had reached a memorandum of understanding but it was quickly broken, the two sides are still prepared to resolve their differences through negotiations or military means. At the same time, the spillover of the situation in Iran has led to the escalation of the armed conflict between Saudi Arabia and the Houthis in Yemen. The two sides have launched missile and drone attacks on each other. Schools in the Saudi capital Riyadh have switched to online teaching due to security concerns. Iran denies direct involvement in the Yemeni conflict, saying it only sympathizes with the oppressed and is prepared to mediate peace talks. Russian Foreign Minister Lavrov called on the United States and Iran to return to the Islamabad Memorandum of Understanding previously reached.

U.S. President Trump revealed on the 27th that although he rejected Iran’s seven-day ceasefire plan to reopen the Strait of Horz, he still expected the United States and Iran to resume negotiations next week. Axios reported that the two sides may start indirect negotiations as soon as the 28th. Iran insists on opening the Straits, the situation in the Middle East continues to be stalemate, and the war in Yemen has not stopped.

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