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Trump rejects Iran proposal for deal to reopen Hormuz

Tehran’s conditions had included the release of frozen Iranian assets, the lifting of sanctions on Iranian oil and an end to the US blockade

2-MIN READ2-MINAgence France-PressePublished: 1:02am, 27 Sep 2026US President Donald Trump on Saturday rejected a truce deal proposed by Iran that Tehran said could have reopened the Strait of Hormuz to shipping within a week.

The waterway is key to the world’s energy supply and is now central to the conflict between the US and Iran, which is at a stalemate after nearly seven months.

“I reject their proposal,” Trump told reporters outside the White House. “They want to make a deal where they open the Strait immediately because they’re losing so badly.

“They want to make a deal and I think that’s fine. I like making a deal too,” he said.

Read original at South China Morning Post

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