The US has proposed a $100 billion deal to Iran in exchange for discontinuing toll charges for ships passing through the Strait of Hormuz. The negotiations aim to ease Iran’s stance, offering to release a portion of the $100 billion held in foreign accounts. Despite the offer, Tehran has rejected the proposal, as reported by The Wall Street Journal.
In a recent development, Kazem Gharibabadi, Iran’s deputy foreign minister and negotiator, emphasized Iran’s authority over the strait, dismissing US claims. Iran also issued a warning that any vessel deviating from approved routes would face immediate and forceful consequences.
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