In a post on Telegram, Iranian Foreign Minister Abbas Araghchi acknowledged Trump's rejection but accused the president of making contradictory statements. "We are waiting for the mediators to convey the definitive views to us, and we will make a decision based on them," Araghchi wrote, referring to Oman, which has been mediating between the US and Iran.
Trump told reporters at the White House that Tehran's proposal was not "acceptable" and argued that Iran wanted to make a deal to open the strait immediately because "they're losing so badly." He said the US already had "total control" of the strait, with "massive amounts of oil" passing through it.
The Strait of Hormuz, a vital waterway through which around a fifth of the world's gas and oil supply usually flows, has been effectively closed since the outbreak of war in February. Araghchi said Iran raised reopening the strait and ending hostilities during negotiations on the sidelines of the UN General Assembly in New York this past week.
Araghchi said the conditions to open the strait were the same as those included in a memorandum of understanding signed between the US and Iran in June. On Friday at the UN, he told reporters that an agreement could be reached if "necessary conditions are met" between the two countries. Trump dismissed the offer, saying he was "rejecting their deal."