US President Donald Trump has rejected Iran's latest proposal to end the war and reopen the Strait of Hormuz, saying Tehran is "losing badly" and the terms are unacceptable. Iran's seven-day plan included lifting the naval blockade, waiving oil sanctions, releasing $12bn in frozen assets and a regional ceasefire. Experts say Trump believes economic pressure will extract more concessions, though waiting carries political risk before November's midterms.
Trump Rejects Iran Truce Offer, Citing Sanctions Leverage
Source: Al Jazeera