US President Donald Trump warned onWednesday that Iran would face bombing “at a much higher level and intensity”if it rejects a proposed agreement linked to reopening the Strait ofHormuz.
Iran continues to imposerestrictions on US- and Israeli-linked navigation for more than two months,disrupting a corridor that carries roughly a quarter of global seaborne oiltrade, in response to US-Israeli strikes. Washington later imposed similar limitson vessels departing Iranian ports.
Earlier today, Axios reported,citing US officials, that Washington and Tehran are nearing a one-pagememorandum intended to halt the conflict. The United States expects Tehran’s response within 48 hours, accordingto the report, which said the framework includes suspending Iran’s uraniumenrichment activities, lifting US sanctions, releasing frozen Iranian funds,and removing navigation restrictions imposed by both sides in the strait.
Iranian Foreign Ministry spokesmanIsmail Baqaei said that the American offer "is still underconsideration by Iran,” and Tehran will convey its position to the Pakistaniside after completing its review and assessment.
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