Trump rejects Iran seven-day peace deal
The gist
Trump rejected Iran's seven-day proposal to reopen the Strait of Hormuz and restart nuclear talks.
The strait carries about 20 percent of global oil supplies.
How it unfolded
- Sep 24, 2026Iranian Foreign Minister Abbas Araghchi told reporters at the UN General Assembly in New York that the seven-point proposal rejected by Trump closely mirrored commitments in a June U.S.-Iran memorandum of understanding that quickly unraveled, and said it would be better if a deal were reached before the U.S. midterm elections.
- Sep 25, 2026Araghchi said the decision to reopen the Strait of Hormuz now rests with the United States, after Tehran offered a plan it says could restore normal shipping within a week; he said Iran conveyed a concrete seven-day plan to the U.S. through mediator Qatar. Trump posted an image labeling the Strait of Hormuz the "Trump Strait."
- Sep 26, 2026Trump said he turned down Iran's latest cease-fire proposal, which would have reopened the Strait of Hormuz and restarted talks on the country's nuclear program, telling reporters "They made a proposal, but I rejected it." The Wall Street Journal reported, citing unnamed U.S. officials, that Trump privately rejected the proposal and is considering renewed military strikes after the November midterms.