The White House said on Monday it was examining Iran’s latest proposal to unblock the Strait of Hormuz.
Oil prices rose over 2% following Trump’s cancellation of US-Iran peace talks, amid stalled negotiations and tensions.
A vessel in the Strait of Hormuz. The US has maintained its blockade of Iranian ports and the strategic waterway despite extending the ceasefire.
Iran insisted it has no plan to attend a new round of negotiations with the United States on Monday.
US President Donald Trump has indicated peace talks with Tehran could resume this week.
President Donald Trump warned Iran to engage in talks to end the Middle East war “before it is too late”.
Iran and the United States began indirect talks in Switzerland, a last-ditch bid to avert war following the biggest American military build-up in the Middle East in decades.
In a landmark development that could end one of the region’s most devastating conflicts, Israel and Hamas have reached a comprehensive ceasefire agreement that will see the release of remaining…
