Iran’s latest proposal to the United States called for resolving disputes within 30 days and ending the war rather than extending a ceasefire, according to Iranian state-linked media.
President Donald Trump said Saturday that he was reviewing the proposal, but he doubted it would produce a deal.
Iran’s 14-point proposal, described by the semiofficial Nour News agency as a response to a U.S. nine-point plan, called for the United States to lift sanctions on Iran, end its naval blockade, withdraw forces from the region, and stop hostilities, including Israel’s operations in Lebanon.
Also Sunday, Iranian Foreign Minister Abbas Araghchi spoke with Oman’s foreign minister, Badr al-Busaidi, who had overseen earlier rounds of U.S.-Iran talks before the latest fighting.
Trump also proposed reopening the Strait of Hormuz, where about a fifth of the world’s oil and natural gas trade typically passes.
Iran’s deputy parliament speaker, Ali Nikzad, said Sunday that Iran “will not back down from our position on the Strait of Hormuz, and it will not return to its prewar conditions” and that ships not linked to the U.S. or Israel could pass after paying a toll. The U.S. has warned shipping companies they could face sanctions for making payments to Iran, including in digital assets.
Iran’s currency weakened further Sunday, with the dollar trading at 1,840,000 rials in Tehran’s Ferdowsi Street exchange market, compared with 1.3 million in December. Iranian media also reported job losses after the new year holidays.