US Rejects Iran's Strait of Hormuz Proposal; Iran Reroutes Trade

U.S. President Donald Trump has declined Iran's seven-day offer to end conflict and reopen the Strait of Hormuz. In response, Iran is reportedly redirecting its trade routes northward to the Caspian Sea, as the ongoing conflict continues to disrupt the critical strait, impacting global energy markets and shipping. This escalation prolongs regional tensions and economic uncertainty.