US explains rejection of Iran's new truce and naval blockade plan

US President Donald Trump rejected Iran's latest truce proposal because Tehran demanded the removal of US naval sanctions and access to frozen assets upfront.

US Ambassador to the UN Mike Waltz stated on NBC News that Iran demanded excessive concessions before returning to negotiations without offering trust in return.

Iranian Foreign Minister Abbas Araghchi defended Iran's position, asserting that opening the Strait of Hormuz is tied to respecting their long-standing rights.