Iran says reports on U.S. talks inaccurate as it awaits formal response to Hormuz proposal

Iran's negotiating committee called reports on talks with Washington inaccurate as Tehran awaits a formal U.S. response to its Strait of Hormuz proposal.

• Iran's negotiations media committee said circulating reports on the talks are inaccurate and urged media to rely only on its spokesperson and official channel.
• Foreign Minister Abbas Araghchi said mediators have not formally conveyed Washington's rejection of the proposal, with Iran awaiting their final views.
• Trump said Saturday that Iranians want to conclude an agreement to open the Strait of Hormuz immediately because they are incurring losses.
• A senior Iranian official said Iran will not yield on its nuclear program, including uranium enrichment or shipping high-enriched uranium abroad.
• Pezeshkian said Iran would allow IAEA inspections and meet NPT obligations but refused talks with Trump under current conditions.
• Pezeshkian said the Strait of Hormuz would reopen for trade if an agreement is reached, leaving the ball in the American court.
• Trump rejected Iran's proposal, saying he wants a “better deal” while Tehran loses badly.
• The seven-day offer included lifting the naval blockade, waiving oil sanctions, releasing frozen assets, and observing a regional ceasefire.
• Treasury Secretary Scott Bessent announced a campaign against Iran's financial interests, followed by aviation sanctions last week.
• Trump said he expects more talks with Iran this week and constantly considers resuming strikes against it.
• Axios reported that new indirect talks may begin Monday, with Iran seeking to reopen the Strait while Washington demands nuclear concessions.
• Trump said over 20 million barrels of oil crossed the Strait over the weekend, the largest volume since the war began.