Iran Warns of Doomsday War After Trump Rejects $12 Billion Hormuz Peace Deal
Updated
Updated · Yahoo! Voices · Sep 29
Iran Warns of Doomsday War After Trump Rejects $12 Billion Hormuz Peace Deal
3 articles · Updated · Yahoo! Voices · Sep 29
Summary
Abbas Araghchi said Iran is "fully prepared" for fighting to resume after Donald Trump rejected Tehran's proposal to reopen the Strait of Hormuz.
The plan would have reopened Hormuz in exchange for lifting the U.S. blockade of Iranian ports, easing oil sanctions, releasing about $12 billion in frozen assets and securing a regional ceasefire.
Trump dismissed the offer as unacceptable, saying Iran was seeking terms because it was "losing so badly," though he still said he wanted a deal.
The clash underscores how far apart the sides remain despite reported three-hour talks between U.S. and Iranian officials on the sidelines of the U.N. General Assembly and a June memorandum that later collapsed.
With U.S. midterm elections approaching, Trump's threat at the U.N. to "annihilate" Iran and Tehran's insistence that it is negotiating from strength point to a harder path to any settlement.