Iran Offers Hormuz Reopening in 7 Days; Trump Reportedly Rejects Deal, Eyes Post-Midterm Strikes

Iranian Foreign Minister Abbas Araghchi presented a seven-day conditional plan to reopen the Strait of Hormuz through Qatari intermediaries, tying implementation to U.S. acceptance of sanctions relief, frozen-asset release, and an end to the U.S. blockade. Iranian President Pezeshkian separately told CBS News that Iran would allow UN nuclear inspectors to return if agreements could be reached. However, the Wall Street Journal reported, citing U.S. officials, that President Trump rejected the seven-day ceasefire proposal and has told advisers he may resume bombing of Iran after the November midterm elections. Simultaneously, a U.S. official told Reuters and the BBC that mediated talks with Tehran remain 'positive and constructive' and nuclear issues are still under discussion. The Gulf Cooperation Council condemned Houthi ballistic missile and drone strikes on Riyadh and Khamis Mushait, with Pakistan's Prime Minister Sharif calling the Strait of Hormuz a 'jugular vein of the global economy.'