U.S. President Donald Trump expressed skepticism about Iran’s offer to reopen the Strait of Hormuz, citing doubts over Tehran’s good‑faith.
Trump did not reject the proposal outright but demands Iran end nuclear enrichment and never develop a nuclear weapon.
Treasury Secretary Scott Bessent warned Iran’s oil production will collapse soon as the U.S. blockade cuts off shipments, costing Tehran $500 million daily.
Secretary of State Marco Rubio said the U.S. will not accept Iran retaining control or charging tolls—potentially in cryptocurrency—over Hormuz passage.