Trump Rejects Iran’s Latest Offer to Reopen the Strait of Hormuz
The Iran Hormuz plan that President Donald Trump rejected on Saturday would have reopened the strait within seven days and paused the fighting between the two countries. Iranian officials had submitted it through Qatari mediators, and Trump called it "not acceptable" when reporters asked him about it at the White House before he left for a college football game in Tennessee. "I reject their proposal," he told them. Trump did not detail every term he objected to, but he said Tehran wanted the deal because it was "losing so badly."
Why the Iran Hormuz Plan Matters Right Now
The Strait of Hormuz is a narrow waterway between Iran and the Arabian Peninsula that normally carries roughly a fifth of the world's oil and a large share of the world's liquefied natural gas. Iran effectively clos...