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Iran says reopening the Strait of Hormuz depends on its conditions being met and a negotiated solution, after Trump said he rejected Tehran's proposal. A senior Iranian official said Iran would show no flexibility on its nuclear program even if the US accepted the deal.
Iranian Foreign Minister Abbas Araqchi said reopening the Strait of Hormuz depends on conditions being met and that only a negotiated solution can break the deadlock. A senior Iranian official told Reuters Iran would show no flexibility over its nuclear program even if the US accepted the proposal.
President Donald Trump said oil prices will fall "precipitously" once the U.S. wins its war with Iran, saying gasoline could drop to $3 a gallon and then below $2.
US Energy Secretary Chris Wright said a nuclear agreement with Iran may never happen, adding that the United States is degrading Tehran's nuclear capacity and will work with regional allies.
The White House requests an additional $87.6 billion in funds to support the Iran war and other initiatives