Iran's president says Hormuz reopening plan was coordinated with supreme leader
Iranian President Masoud Pezeshkian said Tehran's new proposal to reopen the Strait of Hormuz was drafted in coordination with the country's supreme leader and could be implemented if Washington agrees to its terms. Other reports say President Trump has rejected the plan, while Iran awaits a final response through mediators.
Why it matters The Strait of Hormuz is a critical artery for global oil exports, so any negotiation over its status directly affects energy prices and maritime security in the Gulf.
US sends mixed signals on Iran's 7-day Hormuz truce proposal
Iran is awaiting an official US response to a proposed seven-day truce that would halt regional fighting and reopen the Strait of Hormuz, amid conflicting signals from Washington. While one US official called the talks positive and constructive, reports suggested President Trump rejected the plan and may resume strikes after the November elections, prompting Iranian Foreign Minister Abbas Araghchi to criticize what he called contradictory US statements, according to CNN Arabic.
Trump scraps Biden-era EV mandate with new fuel efficiency rules
US President Donald Trump announced new fuel efficiency standards on Saturday, scrapping a Biden-era mandate that pushed automakers toward expanding electric vehicle production. Details of the replacement standards and their implementation timeline were not specified.
