Trump denies sanctions relief offer as Tehran awaits formal U.S. response to ceasefire proposal
President Trump denies offering Iran any sanctions relief, rejecting media reports that he was willing to ease economic pressure for nuclear concessions.
Iran expects a formal U.S. response Tuesday to its seven-day ceasefire proposal that would reopen the Strait of Hormuz.
The seven-month “Operation Epic Fury” has killed thousands, disrupted global energy supplies and driven oil prices above $106 per barrel.
Iran insists it will not develop nuclear weapons but demands relief from oil sanctions and access to frozen funds.
Mediators in New York are shuttling between both sides as diplomatic efforts continue despite public rejections.
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