BREAKING: Iran Rejects U.S. Proposal to Open the Strait of Hormuz

Iran rejected the US proposal to reopen the Strait of Hormuz, calling it an “unrealistic” plan.

Iranian senior official Mohsen Rezaei said that the Tehran government would not accept any agreement that did not include compensation for the damages caused by the war.

Rezaei stated that the framework offered by Washington was insufficient for Iran, adding that symbolic concessions would not be accepted and that any agreement must include “concrete benefits.” The Iranian official also added that his country would continue its “resistance,” signaling that despite ongoing diplomatic talks, there had been no softening in Tehran’s stance.

On the other hand, according to a classified US intelligence assessment reported by The Washington Post, Iran has the capacity to withstand a potential US naval blockade of the Strait of Hormuz for months. The assessment, based on unnamed US officials, states that Iran could resist the effects of a blockade for 90 to 120 days, and possibly even longer.

The assessment also revealed that Iran has maintained a significant portion of its missile and drone inventory despite long-standing attacks by the US and Israel. According to the report, this indicates that Tehran’s military capabilities remain at a serious level.

While the White House argues the blockade has severely damaged the Iranian economy, an intelligence report concluded that Tehran possesses the resilience to avert a short-term economic collapse through methods such as its oil reserves and alternative smuggling routes.

*This is not investment advice.