Peace efforts stall as US examines latest Iran proposal
Peace efforts to resolve the Middle East war are currently stalled as the US reviews Iran's proposal to unblock the Strait of Hormuz. Iran has maintained a blockade on this crucial shipping route, significantly impacting global oil and gas prices. Meanwhile, US President Donald Trump is hesitant to accept the proposal without addressing Iran's nuclear ambitions.
- ▪Iran's blockade of the Strait of Hormuz has disrupted oil and gas shipments, causing prices to soar.
- ▪US President Donald Trump met with security advisors to discuss Iran's proposal but remains reluctant to lift the blockade without resolving nuclear issues.
- ▪Iranian officials have stated that the US can no longer dictate terms to independent nations.
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Peace efforts stall as US examines latest Iran proposalSign up now: Get ST's newsletters delivered to your inboxIran's blockade of the Strait of Hormuz has cut off flows of oil, gas and fertiliser and sent prices soaring.PHOTO: AFPPublished Apr 29, 2026, 05:36 AMUpdated Apr 29, 2026, 06:25 PMListenWASHINGTON - Efforts to end the Middle East war appeared at a standstill on April 28, with the US considering Tehran’s latest offer to unblock the Strait of Hormuz and Iran saying Washington could no longer dictate terms. Iran has blockaded the waterway – a vital conduit for oil and gas shipments – since the start of the US-Israeli offensive two months ago, sending shockwaves through the global economy.
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Excerpt limited to ~120 words for fair-use compliance. The full article is at Straits Times — World.