Iran proposes Hormuz plan, Trump reportedly refuses

Iran offered a plan to reopen the strategic Strait of Hormuz, Tehran said on Friday, but within hours, reports indicated that US President Donald Trump rejected the proposal. The waterway, key to the world’s oil supply, is central to the conflict between the United States and Iran, which is at a stalemate after nearly seven months. But new mediation efforts at the UN’s gathering of world leaders in New York this week offered some optimism of progress toward a deal. Iran’s...