‘Better deal’: What’s behind Trump’s rejection of Iran’s truce offer? | Explainer News | Al Jazeera

US President Donald Trump has rejected Iran’s latest proposal to end the war and reopen the Strait of Hormuz, believing Washington has more to gain by waiting than accepting Tehran’s terms. Trump stated that Iran wants an agreement because it is 'losing badly' and that the proposal is not acceptable. Iran’s seven-day plan included lifting the naval blockade, waiving sanctions on oil sales, releasing $12 billion in frozen assets, and observing a regional ceasefire before reopening the Strait and negotiating a final deal. Diplomatic efforts, including mediation by Qatar during the UN General Assembly, have yet to produce a response from Trump, with both sides remaining far apart on concessions.