Iran claims the US has responded to its peace proposal which would see the reopening the Strait of Hormuz, according to its state-linked media.
Iran’s proposal required the US to call off its naval blockade of Iranian ports, as well as end the ongoing conflict in Lebanon. It also did not promise changes to Iran's nuclear programme, one of the US's key negotiation demands. Sources indicated any discussions on this can only take place after the initial deal.
Today’s response from Washington was reportedly delivered via Pakistan, which has acted as a mediator in negotiations, and is now being reviewed by Iran's foreign ministry.
The US has not confirmed its has responded to Tehran, however US President Donald Trump reportedly told an Israeli news outlet on Sunday that the proposed deal was unacceptable.
Trump earlier stated he was considering the peace offering from Tehran, while insisting the regime has "not yet paid a big enough price" - with the "possibility" of renewed strikes.
He wrote on Truth Social: "I will soon be reviewing the plan Iran has just sent to us but can’t imagine that it would be acceptable in that they have not yet paid a big enough price for what they have done to humanity, and the world, over the last 47 years."
Earlier today, Sir Keir Starmer warned Britain’s economic situation will not all “return to normal” once the Strait of Hormuz has reopened.
The Prime Minister also insisted the UK must “take a different course” for its future than returning to the “status quo”, which had been pursued after other economic shocks like the 2008 financial crash and the Covid pandemic, as he sought to signal to voters that he understands their discontent.
Sir Keir made the warning in an interview with BBC Radio 4’s Today programme, when he was asked about the economic impact of the US-Israeli war with Iran.
Tehran has blocked shipping out of the Strait of Hormuz since the early days of the war, and has been met with a tit-for-tat blockade of tankers coming into its ports by the US.
The stranglehold on the shipping route, through which a fifth of global oil usually flows, has played havoc with countries’ economies across the world.
Speaking to the BBC, Sir Keir said: “My strong view is that many, many voters, many people across the country are frustrated that they haven’t seen the change they want to see in this country. We’ve flatlined for the best part of 20 years.
“And I’ll tell you why I think that is. That is because each time we have a crisis like this, whether it’s the 2008 crash, whether it’s Brexit, Covid, the government of the day aspires to get back to the status quo as quickly as possible.
“But the status quo wasn’t working. And therefore, we cannot do that again. We have to take a different course in response to this crisis.”
Asked if he was preparing the public for an inflation spike caused by the Iran oil crisis by comparing it with previous global events, Sir Keir said: “I am. And the reason is because we’ve got a war on two fronts.
“I think we obviously have to pull together countries to get the Strait of Hormuz open. And that’s what I’m doing in the coalition I’m leading with President Macron that we have been working very hard on in recent weeks and we need to get the Strait opened as quickly as possible.
“But even when that happens, I don’t want anybody to think that once the Strait of Hormuz is open, it all returns to normal. It won’t be like that.”
