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(Bloomberg) — Iran has submitted its response to the latest US proposal to end 10 weeks of war, the state-run Islamic Republic News Agency reported on Sunday, without providing any further details.
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Tehran hasn’t yet given any public indication it would accept President Donald Trump’s plan that stipulates Iran permits passage through the Strait of Hormuz and Washington ends its blockade on Iranian ports in the next month.
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The proposal implies Iran’s acceptance would end the conflict, which has killed thousands of people across the Middle East and sent energy prices soaring. The two sides would still need to negotiate a deal over Iran’s nuclear program, which remains a critical sticking point.
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Trump had warned the US might “go a different route if everything doesn’t get signed up, buttoned up,” suggesting an expanded version of Project Freedom, the brief US effort to break Iran’s maritime stranglehold and escort ships through Hormuz, where roughly a fifth of the world’s oil and liquefied natural gas flowed through before the start of the Iran war.
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Iran’s latest reply in the drawn-out negotiations comes in the wake of a series of incidents that further strained the fragile ceasefire that has been in place since April 8. One drone strike on Sunday briefly set a cargo vessel ablaze in the Persian Gulf, marking the latest shipping attack in the region.
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The United Arab Emirates and Kuwait, both of which have come under attack from Iran in the past two months, said Sunday they had intercepted hostile drones.
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The conflict that began with US-Israeli strikes on Iran on Feb. 28 has upended oil and gas markets, with soaring fuel prices piling pressure on governments and consumers worldwide — including in the US ahead of November’s Midterm elections.
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(Updates with details throughout.)
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English (US)