Iran has received an official U.S. response to Tehran's latest proposal for ending the seven-month war and reopening the Strait of Hormuz, although Iranian officials did not disclose whether Washington accepted or rejected the terms. Foreign Minister Abbas Araghchi presented the reply to President Masoud Pezeshkian at a Cabinet meeting after returning from the UN General Assembly, where Iranian and U.S. officials held indirect talks and met Qatari and Pakistani mediators. Iran has offered to reopen the strait within a week if the United States lifts its blockade of Iranian ports, releases frozen Iranian assets and waives sanctions on Iranian oil sales, among other conditions. President Donald Trump publicly rejected the proposal, while mediators continued efforts to arrange an agreement. The exchange comes as Washington imposed fresh sanctions over Iran's military supply chain and the rial fell above 2.5 million to the dollar. Iran also executed two men over violence during January's nationwide protests.