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Iranian officials indicated Wednesday they have received an official US response to Tehran's latest proposal to end the seven-month war, which US President Donald Trump had publicly rejected just days earlier. The officials did not say what the response contained and whether it was a rejection. Iranian Foreign Minister Abbas Araghchi presented the US response to President Masoud Pezeshkian at a Cabinet meeting, government spokesperson Fatemeh Mohajerani told the state-run IRNA news agency. "We will make every effort to bring the agreement to fruition and will firmly stand up for the rights of the Iranian people," Pezeshkian said. "The agreement must now be based on a win-win strategy." The Cabinet meeting followed Araghchi's return to Iran after travelling to New York for last week's UN General Assembly, where officials held indirect talks with US officials and also met with Qatari and Pakistani mediators on the sidelines of the annual gathering of world leaders. Araghchi briefed
Araqchi is expected to discuss the US response in Tehran on Wednesday
The 26-page letter by the Guards, urges Americans to use their political power to remove current leaders from office and reject US support for Israel and military intervention abroad
Medication prices are soaring in Iran and some treatments have become hard to find, leaving patients and their families scrambling as a US blockade and stepped-up sanctions squeeze the country's pharmaceuticals industry. Some medicines have more than tripled in price, further squeezing Iranians' finances seven months into the country's war with the United States and Israel. Prices for food and other goods have skyrocketed even as unemployment has risen and the currency, which hit a record low this week, has lost half its value. The war has become an economic endurance test. Iran has tried to push world energy prices higher with attacks on the region's oil shipping routes; the United States, in turn, has aimed to wreck Iran's economy by blockading its ports since June and slapping it with increasingly tough sanctions. Iran's pharmaceutical industry is vulnerable because of its reliance on imports. So far there has been little sign of major shortages of medicines at Iran's hospitals,
Trump rejected reports that he was willing to ease sanctions and release frozen Iranian funds in exchange for concrete steps on Tehran's nuclear programme
Any further talks are expected to focus on an amended version of a seven-day proposal that Iran presented last week on the sidelines of the United Nations General Assembly
When asked specifically whether military strikes could resume before the upcoming midterm elections, Trump declined to take the option off the table
Iranian Foreign Minister Abbas Araqchi said only a negotiated solution can resolve the conflict with the US and Israel after Donald Trump rejected Tehran's proposal to reopen the Strait of Hormuz
Saudi air defences intercepted two Houthi drones targeting Riyadh and a ballistic missile aimed at Khamis Mushait as hopes fade for a US-Iran ceasefire
The Wall Street Journal reported that Trump told aides he expects US bombing of Iran to resume after November's midterm elections
Foreign Minister Abbas Araghchi said Washington would need to complete required steps within four to five days, with the strait reopening on the sixth day
Israeli PM Benjamin Netanyahu rejected genocide allegations over Gaza at the UNGA, defended Israel's military actions and praised US President Donald Trump for backing Israel
The two countries, which have both refused to make similar agreements in recent months, were making a push for a breakthrough Thursday on the sidelines of the UN General Assembly
Brent crude fell 0.9% to $102.13 a barrel after a 4% rise a day earlier as Tehran reviews Washington's response to proposals on the Strait of Hormuz
When Iran shut down the Strait of Hormuz at the start of the war, choking off sea passage for some 15 million barrels of oil a day, many feared that prices would skyrocket, cratering the world economy. Instead, nearly seven months on, oil is expensive but not exorbitant, and analysts say the supply is pretty much sufficient to meet current global needs, even as the higher prices cause political problems for US President Donald Trump and others. That's because Saudi Arabia and other Gulf producers quickly found alternative routes and reached for unused pipeline capacity. When Iran and its militant allies targeted those, the oil exporters and the US military found others - workarounds for the workarounds - in an often clandestine game of whack-a-mole. With oil now at around $100 a barrel - higher than before the war but not as bad as feared - Iran has diminished leverage, while a US naval blockade and tightened sanctions smother its own economy. But the workarounds are expensive and
Iran's Revolutionary Guard warned that it would "change the geography of the war" if the United States escalates the conflict. Meanwhile, the British military said an "unknown projectile" struck a tanker as it entered the Strait of Hormuz on Monday, injuring two crew members. The Israeli military remains on alert as much of the country shuts down for Yom Kippur, the holiest day in Judaism. Here is the latest news from the Middle East on Monday. Iran's Revolutionary Guard issues warning if US escalates war ------------------------------------------------------------------ A spokesperson for Iran's paramilitary Revolutionary Guard, Hossein Mohebbi, said Monday that "the war is not over" and warned that Iran would change its weapons, military tactics and targets if the conflict with the US escalates. "We will certainly change the geography of the war," Mohebbi said in a statement carried by Iranian state media. "We will certainly bring new weapons with new capabilities into the bat
The inflation-adjusted price of diesel in late August was about as high as it was in 2022 and has likely risen further
The US Virtual Embassy in Iran, in a security alert, said the regional security environment remained complex and warned of potential flight cancellations, airspace closures and other travel disruption
Ghalibaf said Iran had conveyed its demands to the United States through intermediaries and would not reconsider its position until Tehran's conditions were fulfilled
However, the Pentagon's estimate does not represent a complete accounting of the financial cost of the conflict