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White House says Trump discussing Iranian proposal with aides

Financial Post
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U.S. officials are reviewing Iran’s interim proposal to end the eight-week war, with President Trump convening national security aides on April 25, 2026, to assess terms while insisting on preventing Iran’s nuclear ambitions. Iran offered to reopen the Strait of Hormuz if the U.S. lifts its port blockade, delaying nuclear talks—a move analysts say could ease oil prices but leaves long-term risks unresolved. Trump rejected separating nuclear negotiations from any deal, maintaining the blockade to pressure Iran, despite calls from European and Gulf leaders to prioritize reopening the strait for economic relief. Oil prices surged past $108/barrel amid stalled talks, with traders bracing for prolonged supply disruptions as Iran’s Foreign Minister vowed resistance to “U.S. aggression” and strengthened ties with Russia. Israeli officials urged sustaining the blockade to prepare for potential conflict, while Hezbollah rejected Lebanon-Israel truce terms, escalating regional tensions despite a fragile ceasefire extension.
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White House says Trump discussing Iranian proposal with aides

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President Donald Trump waves after landing at Joint Base Andrews as he returns to Washington on April 25, 2026 in Joint Base Andrews, Maryland. Photo by Roberto Schmidt/Getty ImagesArticle contentThe White House said U.S. officials are discussing Iran’s latest proposal but maintained red lines on any deal to end the eight-week war, including preventing Tehran from obtaining a nuclear weapon.Sign In or Create an AccountEmail AddressContinueor View more offersArticle contentWhite House Press Secretary Karoline Leavitt told reporters Monday that U.S.

President Donald Trump had convened a meeting of national security officials earlier in the day to discuss the Iranian proposal.Article contentWe apologize, but this video has failed to load.Try refreshing your browser, ortap here to see other videos from our team.We apologize, but this video has failed to load.Try refreshing your browser, ortap here to see other videos from our team.Play VideoArticle contentArticle content“His red lines with respect to Iran have been made very, very clear,” she said, adding that Trump would address the matter “very soon.”Article contentPosthasteBreaking business news, incisive views, must-reads and market signals. Weekdays by 9 a.m.There was an error, please provide a valid email address.Sign UpBy signing up you consent to receive the above newsletter from Postmedia Network Inc.Thanks for signing up!A welcome email is on its way. If you don't see it, please check your junk folder.The next issue of Posthaste will soon be in your inbox.We encountered an issue signing you up. Please try againInterested in more newsletters? Browse here.Article contentThe comments followed reports that Tehran proposed an interim deal whereby it reopens the Strait of Hormuz in exchange for Washington ending its blockade of Iranian ports. That proposal would also postpone more thorny negotiations over the country’s nuclear program.Article contentSeparately, Iran’s Foreign Minister Abbas Araghchi told President Vladimir Putin that Tehran is committed to strengthening the country’s partnership with Russia.Article contentAraghchi said on a visit to Russia that the Iranian people are able to resist “U.S. aggression and will be able to overcome it,” Iran state-owned Nour News said on Monday.Article contentIranian media said Sunday that Araghchi would convey to mediator Pakistan that the conflict could end if the Americans lift their naval blockade, agree to a new legal framework for traffic going through the strait and guarantee there will be no future military action against the Islamic Republic.Article contentArticle contentIran told Pakistan that negotiations over Iran’s nuclear program — a longer-standing issue — could be dealt with later, Axios reported, citing a U.S. official and two people with knowledge of the matter.Article contentArticle contentBrent crude prices rose for a sixth straight session to more than US$108 a barrel by 1:44 p.m. in New York. U.S. oil climbed above US$96 a barrel.Article contentRead More U.S. and Iran deadlocked over Strait of Hormuz Trump says Iran truce extension 'highly unlikely' Article contentOil traders added to bullish trades after hopes for peace talks over the past weekend were dashed. Investors remain largely focused on a growing supply crunch created by the virtual standstill of flows through the strait.Article contentForeign leaders have expressed frustration over the prolonged conflict.Article contentGerman Chancellor Friedrich Merz told a group of students the U.S. is being “humiliated” by Iranian leaders and that he can’t figure out what exit the Americans are pursuing.Article contentAn interim deal would echo what many Middle East analysts have said for weeks — that the U.S. and Iran should reopen the strait as soon as possible to lower fuel prices and ease pressure on the global economy, while leaving issues such as Iran’s nuclear program for later talks.

Some Persian Gulf Arab and European leaders believe that such negotiations will take at least six months, Bloomberg has reported.Trending Subscriber only. How a collapsing rental market is costing some homeowners more than they bargained for Subscriber only Real Estate Carney launches $25-billion sovereign wealth fund that will allow Canadians to share in profits Economy Posthaste: Deficits are climbing across Canada, but this province is awash in red ink News Energy giant Shell to buy Canada's ARC Resources for $22 billion Oil & Gas Real Brokerage to buy Re/Max in widening industry consolidation Real Estate Article contentTrump, however, has indicated that Iran’s atomic program must be resolved as part of any agreement and that the blockade will stay in place until then.

The White House has said the blockade is putting pressure on Iran to make concessions by choking off its oil exports.Article contentHere is more on the U.S.-Iran talks:Article content“We must ensure the rights of the Iranian people after 40 days of resistance and secure the country’s interests,” Araghchi said on Monday, according to state-run Islamic Republic News Agency.“There is a high degree of alignment between Iran and Oman” on the future of the strait, Araghchi said, according to IRNA.Iran has previously said it wants to toll traffic moving through Hormuz and share the revenue with Oman, which sits across the strait.Efforts to resume in-person peace talks stumbled again on Friday when Trump canceled a trip to Pakistan by Steve Witkoff and Jared Kushner, two of his main envoys. That was after Araghchi signaled he would not meet American negotiators while there and the Iranian government reiterated it will not agree to more talks while facing military threats from the U.S.Israel’s preferred option would be for the U.S. to maintain the blockade on Hormuz and for the allies to use the time to prepare for any resumption of hostilities, according to an Israeli official familiar with the government’s discussions, who asked not to be identified by name because the matter is private.Israeli strikes in southern Lebanon on Sunday killed 14 people, Lebanese state media reported, citing the country’s health ministry. The victims include two children. Trump said Lebanon and Israel, which has waged a conflict against Iran-backed Hezbollah, agreed to extend a ceasefire by three weeks until around mid-May. Yet both Israel and Hezbollah continue to accuse each other of attacks that violate the truce terms.In a statement on Monday, Hezbollah’s Secretary-General Naim Qasem rejected the Lebanese government’s direct negotiations with Israel. The group, Qasem said, would not back down against Israel or relinquish its weapons.Article contentArticle contentWith assistance from John Bowker and Paul WallaceArticle contentBloomberg.comArticle contentShare this article in your social networkCommentsYou must be logged in to join the discussion or read more comments.Create an AccountSign in Join the Conversation Postmedia is committed to maintaining a lively but civil forum for discussion. Please keep comments relevant and respectful. Comments may take up to an hour to appear on the site. You will receive an email if there is a reply to your comment, an update to a thread you follow or if a user you follow comments. Visit our Community Guidelines for more information. Subscriber only. How a collapsing rental market is costing some homeowners more than they bargained for Subscriber only Real Estate Carney launches $25-billion sovereign wealth fund that will allow Canadians to share in profits Economy Posthaste: Deficits are climbing across Canada, but this province is awash in red ink News Energy giant Shell to buy Canada's ARC Resources for $22 billion Oil & Gas Real Brokerage to buy Re/Max in widening industry consolidation Real Estate

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Source: Financial Post