Iran says it got a U.S. response to its peace proposal as its currency hits a new record low
Iranian officials have received a U.S. response to their proposal for ending the ongoing conflict, though the contents remain undisclosed. Despite a public rejection from President Trump, diplomatic back-channeling continues as Iran faces record-low currency values.
Why it matters
The ongoing diplomatic tension between the U.S. and Iran regarding the Strait of Hormuz has significant implications for global oil markets and regional stability.
Iranian officials indicated Wednesday they have received an official U.S. response to Tehran’s latest proposal to end the seven-month war , which U.S. President Donald Trump had publicly rejected just days earlier.
The officials did not say what the response contained, and whether it was a rejection or not.
Iranian Foreign Minister Abbas Araghchi presented the U.S. response to President Masoud Pezeshkian at a Cabinet meeting, government spokesperson Fatemeh Mohajerani told the state-run IRNA news agency.
“We will make every effort to bring the agreement to fruition and will firmly stand up for the rights of the Iranian people,” Pezeshkian said. “The agreement must now be based on a win-win strategy.”
Also covering this story
5 other newsrooms covered this event. We read each version separately.
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