According to U.S. officials and Tasnim News Agency, President Donald Trump’s team is skeptically reviewing Iran’s war-related proposal involving the Strait of Hormuz, a development closely watched for its implications for oil, currencies, and broader market risk sentiment.
Reports indicate Iran has presented a new proposal to the United States tied to ending the war and the status of the Strait of Hormuz. U.S. officials said President Donald Trump and his national security team are reviewing the proposal with skepticism, and the White House may issue a counterproposal within days. Tasnim News Agency separately reported that former U.S. State Department official Henry S. Ensher said the proposal could gain Trump administration support and help reduce risks to the global economy. The reporting contains an unresolved discrepancy: one version says Iran offered to keep the strait open while setting aside nuclear talks, while another says it would reopen only after the war ends and after guarantees that hostilities will not resume. Markets have linked the development to a weaker U.S. dollar, elevated oil prices, and investor focus on central bank decisions from the Bank of Japan, Federal Reserve, Bank of England, and European Central Bank, with potential spillovers to digital asset risk sentiment.