Trump Rejects Iranian Hormuz Plan; Tehran Holds Conditions, Threatens 'Punishment'

President Trump publicly rejected Iran's proposal to reopen the Strait of Hormuz within seven days in exchange for an end to regional hostilities, telling reporters 'I rejected their deal.' Iranian Foreign Minister Abbas Araqchi, speaking in New York on the sidelines of UNGA, confirmed Tehran has not received a formal U.S. response through mediators and stated Iran will not walk back its seven conditions. IRGC spokesman Hossein Mohebi told AFP that 'we will not cease punishing the US until Iran's seven conditions are met,' which include ending hostilities in Yemen. Iran's armed forces spokesman separately warned that any U.S. interference in the Strait would be met with 'new military technologies' and that U.S. forces should leave the region with minimal losses.