U.S. appears cool on Iran proposal to end war and reopen Hormuz without a nuclear deal

The United States showed little immediate enthusiasm for a new Iranian proposal that would end the war and reopen the Strait of Hormuz without resolving the impasse over the Islamic Republic's nuclear program.

The United States showed little immediate enthusiasm for a new Iranian proposal that would end the war and reopen the Strait of Hormuz without resolving the impasse over the Islamic Republic's nuclear program.

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Iran's latest offer looked “better” than past pitches, Secretary of State Marco Rubio said late Monday, after it was discussed by President Donald Trump and his national security team. But there was little sign that Washington might be willing to abandon its naval blockade and accept the offer.

Energy prices soared again on the negative signals.