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North America

US and Iran no closer to ending war as Tehran weighs Washington's offer

Two days after the White House handed Tehran a fresh proposal, Iran has yet to reply, prompting Trump aides to accuse it of stalling while strikes continue around Hormuz.

Oil tanker transiting the Strait of Hormuz
Photo: Julien Goettelmann / Pexels
CNBC Top News2 h agoCL=F BZ=F

US officials said Tehran has not formally responded to the fourteen-point proposal the White House delivered through Swiss back channels last week. People familiar with the matter say Iran has asked for additional time to clarify its position.

President Trump, speaking to reporters at the White House, warned: 'We won't wait much longer — they either come to the table, or they live with the consequences.' The Pentagon confirmed that four US Navy vessels exchanged fire with Iranian fast boats in the Strait of Hormuz overnight. Crude oil rose $1.40 a barrel on the news.

European diplomats say the sticking points remain the uranium enrichment ceiling and the lifting of sanctions on the Revolutionary Guards. After Friday prayers in Tehran, Supreme Leader Ayatollah Khamenei said the Islamic Republic 'will not negotiate under enemy pressure.'

GeopoliticsEnergyCommoditiesCL=FBZ=FNorth AmericaCNBC Top News
This article is an AI-curated summary of the original story published by CNBC Top News. The illustration is a stock photo by Julien Goettelmann from Pexels and is not from the original story.

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