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US President Donald Trump’s rejection of Iran’s proposal for a swift reopening of the Strait of Hormuz may say less about Washington’s opposition to a deal than about its changing assessment of Tehran’s most important bargaining chip.
Tehran says reopening the strategic waterway remains tied to its demands, despite Trump rejecting its seven-day proposal for ending hostilities.
Iran has challenged Washington over the Strait of Hormuz as tensions escalate with the Trump administration. An IRGC Navy official reportedly dared the US to send a warship near Hormuz, stating that Iranian forces are closely monitoring naval activity across the Persian Gulf and Gulf of Oman. Ali Mohammadi warned that…