Trump rejects Iran's conditional proposal on reopening Hormuz

U.S. President Donald Trump said Saturday that he has rejected a conditional proposal by Iran concerning the reopening of the Strait of Hormuz, reported Xinhua.

"We have total control of the Hormuz Strait. Massive amounts of oil are coming out of the Hormuz Strait. Last night, we had 29 ships come out," Trump told journalists at the White House.

"They want to make a deal, and I think that's fine. I like making a deal too, but that deal would not be acceptable," he added.

On Friday, Iranian Foreign Minister Seyed Abbas Araghchi told reporters at the United Nations (UN) Headquarters in New York that Iran had conveyed to the United States through Qatar a "concrete" plan under which the strait can be reopened within seven days if necessary conditions are met.

The seven-day timeline will start as soon as Washington accepts it, he said.

Under the plan, the United States would need to take certain actions that Iran believes may take four or five days, said Araghchi, adding that on day six, the strait would be open. "And on day seven, the talks with the U.S. will be started for the final deal on mutually agreed subjects," he said.

He further said the actions the United States should take are not new, as they are already included in the memorandum of understanding (MoU) signed in June.