Trump rejects Iran deal to reopen Strait of Hormuz in seven days
The US president says Tehran had only put forward the proposal because it is losing the war.
US President Donald Trump has rejected an Iranian proposal to reopen the Strait of Hormuz to commercial shipping within a week.
He told reporters at the White House that Tehran "want to make a deal where they open the Strait immediately because they're losing so badly".
On Friday, Iran's Foreign Minister Abbas Araghchi told reporters at the UN in New York that agreement could be reached "if the necessary conditions are met" and that these were contained in a memorandum of understanding (MOU) signed by the two countries in June.
"I can tell you if there is seriousness in the US side to come to a deal and reopen the Strait of Hormuz, everything is now prepared," he added. "The choice now rests with the United States."