Iran has said the responsibility for ending the current conflict lies with the United States, while signaling that it remains open to negotiations despite President Donald Trump’s rejection of Tehran’s proposal to reopen the Strait of Hormuz. The latest statements come as diplomatic efforts continue alongside heightened tensions across the Middle East.
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Iran Says Negotiations Remain the Only Path Forward
Speaking during an interview aired from New York after attending the United Nations General Assembly, Iranian President Masoud Pezeshkian said Tehran does not want a prolonged military confrontation and believes diplomacy remains the only realistic solution.
According to Pezeshkian, Iran is prepared to resolve disputes through dialogue rather than continued military action. However, he argued that Washington must decide whether it is willing to end the conflict and return to negotiations.
The Iranian president also questioned why previous diplomatic understandings collapsed shortly after being reached, saying Tehran remains willing to negotiate within internationally recognized legal frameworks.
Trump Rejects Iran’s Strait of Hormuz Proposal
President Donald Trump said the proposal presented by Iran to reopen the Strait of Hormuz was “not acceptable.” He stated that the United States already maintains control over maritime security in the region and dismissed Tehran’s offer as insufficient.
Iran’s proposal reportedly included reopening commercial shipping through the strategic waterway within days if military pressure and economic restrictions were eased.
The Strait of Hormuz has remained severely disrupted since the conflict escalated earlier this year, significantly affecting global oil exports and shipping routes.
Tehran Waits for an Official U.S. Response
Iranian Foreign Minister Abbas Araghchi responded by saying Tehran is waiting for a formal U.S. position through international mediators rather than relying solely on public comments.
Araghchi noted that Iran’s conditions remain unchanged and are based on the memorandum of understanding previously negotiated between both countries. He emphasized that Iran would make future decisions after receiving Washington’s official response.
UN Talks Continue Without a Breakthrough
Diplomatic contacts continued during meetings on the sidelines of the UN General Assembly in New York. Iranian officials held discussions with senior U.S. representatives, but the talks did not produce an immediate agreement.
Regional mediators, including Oman, continue encouraging both sides to maintain dialogue in an effort to prevent further escalation and restore security in the Persian Gulf.
Iran Addresses Its Relationship With the Houthis
Pezeshkian also rejected accusations that Iran directly controls Yemen’s Houthi movement.
He said the Houthis make their own military decisions and denied the existence of a systematic command relationship between Tehran and the group, although he acknowledged ongoing communication.
The comments came as Houthi attacks continue to threaten Saudi Arabia and shipping routes linked to the Red Sea and the Persian Gulf.
Why the Strait of Hormuz Matters
The Strait of Hormuz remains one of the world’s most important energy chokepoints.
|
Key Indicator |
Current Situation |
| Global oil passing through Hormuz | Around 20% of global oil and LNG flows normally transit the strait. |
| Current shipping activity | Commercial traffic remains well below pre-conflict levels. |
| Oil market impact | Supply concerns continue supporting elevated energy prices. |
| Diplomatic focus | Reopening Hormuz remains a central issue in U.S.-Iran negotiations. |
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What Comes Next?
Negotiations remain active through regional mediators, but no timeline has been announced for a new round of formal talks. Both Washington and Tehran continue to exchange public statements while maintaining indirect diplomatic channels.
Markets remain focused on whether negotiations can reduce geopolitical tensions or whether further military escalation will keep pressure on global energy supplies.
Impact on Financial Markets (Forex & Trading)
This development is primarily bullish for oil because uncertainty around the Strait of Hormuz keeps supply risks elevated. Higher geopolitical risk can also support gold as a safe-haven asset if tensions intensify. In the forex market, continued conflict generally strengthens the U.S. dollar (USD) through risk-off flows, while commodity-linked currencies such as CAD and NOK may remain sensitive to oil price movements.
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