Iranian Foreign Minister Abbas Araqchi said that the Republic is awaiting a formal reply via mediators after US President Donald Trump rejected its proposal to reopen the Strait of Hormuz. Araqchi further added that only diplomacy can resolve its conflict with the United States and Israel.

Tehran presented the peace plan at the UN General Assembly (UNGA) last week through Qatari mediators. Trump said on Saturday he rejected it, arguing Iran wants a deal to reopen the Strait of Hormuz "immediately".

The Wall Street Journal first reported the US rejection while another US official earlier described mediated contacts as "positive and constructive."

Araqchi said no definitive US position has been conveyed and Iran will decide once mediators deliver it.

He outlined a seven-day countdown to reopen the strait and pause regional fighting if Washington agrees, with broader talks possible to follow. An Iranian official told Reuters there would be no flexibility on nuclear rights, while President Masoud Pezeshkian told CBS Iran is ready to talk but won't accept "bullying" and is "not seeking war."

Washington's economic blockade has tightened pressure on Tehran as the seven‑month conflict disrupts oil flows and weighs on the global economy.

The war began on February 28 with US and Israeli attacks and has swung between pauses and renewed strikes, spreading through the region via Iran and its allies. The Saudi-led coalition in Yemen said it intercepted two missiles and two drones on Saturday.