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Trump denies offering Iran sanctions relief or access to frozen funds

President Trump said he had offered Iran neither sanctions relief nor the release of frozen funds.

President Trump denied offering Iran sanctions relief or access to frozen funds, saying in a Truth Social post that he had offered the country nothing.

Trump confirmed to reporters that American and Iranian negotiators exchanged messages through mediators on Monday.

Iranian Foreign Minister Abbas Araghchi said he expected a formal U.S. answer on Tuesday to Tehran's proposal to open the Strait of Hormuz.

A U.S. official said Trump was willing to provide sanctions relief and release frozen funds if there was concrete progress on nuclear issues. The official said Iran had indicated flexibility, but the two sides remained divided over the timing of commitments and which side would act first.

The strait carries tankers delivering oil from the Middle East to customers around the world. Uncertainty about when those vessels could move freely again during the war with Iran has contributed to swings in oil prices.

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Trump expects Iran talks to resume in coming week

U.S. President Donald Trump said September 27 that he expected talks with Iran to resume in the coming week, a day after rejecting Tehran's truce proposal.

U.S. President Donald Trump said Sunday, September 27, that he expected talks with Iran to resume in the coming week. His statement came a day after he rejected a truce proposal from Tehran.

Iran said Friday that it had submitted a proposal to the United States to reopen the Strait of Hormuz. Trump rejected that proposal, asserting that Iranian leaders sought a deal because they were losing badly.

Renewed talks would follow indirect discussions held on the sidelines of the UN General Assembly in New York between U.S. envoys Steve Witkoff and Jared Kushner and Iranian Foreign Minister Abbas Araghchi.

Before the war, one-fifth of the world's oil and gas flowed through the maritime route. It is central to the conflict that began with U.S. and Israeli strikes on Iran in late February.

Iran has since asserted control over the strait, while Washington has imposed a blockade on Iranian ports in response.

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