Iran Rejects Latest Draft Proposal To End War:

Iran Rejects Latest Draft Proposal To End War: US 'Must Act On 7 Conditions' To Reopen Hormuz

TYLER DURDEN

As expected, a quick denial to the earlier headlines from Tehran... Top-ranking national security official Mohsen Rezaee states Tuesday:

America's response to Iran's rights and demands was not convincing, and they must fully and explicitly address Iran's seven conditions and act upon them; only in this case will the Strait of Hormuz be reopened.

Rezaee further reitarted that Iran will not compromise on its seven conditions, which also appears a rejection of earlier Gulf-sourced reporting which had signaled some level of a break through in direct talks.\

Iran has said that three more tankers exploded and are on fire Tuesday after hitting naval mines while transiting through Strait of Hormuz without permission. 

The Islamic Revolutionary Guard (IRGC) described that the ships had turned off their geolocation tracking systems as they crossed the southern part of the Strait. No casualties have yet to be reported. Also on Tuesday the IRGC claimed to have shot down two US Lucas drones over the coastal area of Bandar Khamir.

"We have repeatedly stated; the seven conditions announced by Iran must be fulfilled. If the conditions are met, the path of diplomacy will be open," Rezaee wrote on X (machine translated. "In response, if any action is taken against the country, in accordance with the Supreme Leader's directive today to the armed forces, we will deliver devastating blows to the aggressor using new weaponry." On the headline...

US-Iran headlines are once again swinging between mediator proposals and Tehran declaring it is "now in a state of war" after the Qeshm strike - which is a sadly all too familiar pattern from this past summer. The latest from regional sources are seeing oil prices drop lower:

• "Washington has approved the draft memorandum of understanding that the Qatari delegation presented to Iran yesterday", Al-Araby Al-Jadeed reports citing sources close to the mediation team.
• "Washington and Tehran have made concessions regarding the Iranian nuclear program and frozen funds", Al Araby Al Jadeed reports citing sources.

Iran has said that three more tankers exploded and are on fire Tuesday after hitting naval mines while transiting through Strait of Hormuz without permission. 

The Islamic Revolutionary Guard (IRGC) described that the ships had turned off their geolocation tracking systems as they crossed the southern part of the Strait. No casualties have yet to be reported. Also on Tuesday the IRGC claimed to have shot down two US Lucas drones over the coastal area of Bandar Khamir.

This comes atter the US reportedly struck Iran’s Qeshm Island late Monday, amid broader revelations that the Pentagon has been waging 'limited' strikes along Iran's southern coast for the past weeks.

American officials have called the overnight Monday assault on Qeshm 'defensive' and aimed at preventing Tehran from threatening vessels navigating the Strait of Hormuz.

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