President Trump announced he rejected Iran's latest proposal conveyed during indirect negotiations in New York. Qatar and other mediators are attempting to revive U.S.-Iran talks, but significant disagreements persist. Iran wishes to prioritize discussions on the Strait of Hormuz and the U.S. naval blockade. Conversely, the Trump administration insists on Iran making nuclear concessions. Despite Trump's rejection, a U.S. official described ongoing discussions as positive and constructive, including on nuclear matters. U.S. envoys Steve Witkoff and Jared Kushner met with Iranian Foreign Minister Abbas Araghchi this week. Qatari officials facilitated these indirect negotiations by relaying messages between the parties. Iran's conditions included reopening the Strait of Hormuz and resuming nuclear talks within a week if sanctions were lifted and a regional ceasefire reinstated. U.S. negotiators informed Iran that it does not control the strait and therefore cannot dictate terms regarding it. The Strait of Hormuz remains vital for global oil markets, with millions of barrels transiting daily under U.S. protection.