Mediators continue indirect negotiations between Iran and the United States over ending the fighting and reopening the Strait of Hormuz, despite U.S. President Donald Trump publicly rejecting Iran’s latest proposal. The plan would reopen the waterway within seven days after Washington accepts it, lift the U.S. blockade of Iranian ports, release frozen Iranian assets and waive sanctions on Iranian oil sales. Draft terms under discussion would also remove sanctions after reopening the strait under a separate Iran-Oman arrangement with no tolls. Qatar is mediating, while U.S. officials are seeking Iranian concessions on its nuclear program, including access for inspectors. Officials reported positive signals and slight progress, but uncertainty remains over whether Iran will accept Trump’s conditions. Brent crude is above $108 as the conflict, which has affected global energy markets and expanded to the Bab el-Mandeb Strait, enters its eighth month.