Iran says it awaits an official US response on its Hormuz proposal

Foreign Minister Abbas Araghchi said Iran was still awaiting an official US response to Tehran’s proposal to reopen the Strait of Hormuz within seven days, after President Donald Trump said he had rejected the plan.

Why this matters. The exchange leaves the proposed seven-day pathway to reopening the strait unresolved, affecting decisions by shippers and energy buyers on whether transit conditions may change.