Iran has formally rejected a U.S. proposal to reopen the Strait of Hormuz, describing it as unrealistic. The refusal marks a significant setback in ongoing diplomatic efforts between the two nations.

Mohsen Rezaei, a senior Iranian official, stated that Tehran would not accept any agreement without compensation for damages caused by the war. He emphasized that the U.S. framework was insufficient and that symbolic concessions would not be tolerated. Any deal must include concrete benefits for Iran, he added. Rezaei also signaled that Iran would continue its resistance, suggesting no softening in Tehran’s stance despite active talks.

U.S. Intelligence Assessment Warns of Iran’s Resilience

Meanwhile, a classified U.S. intelligence assessment, reported by The Washington Post, reveals that Iran could withstand a potential U.S. naval blockade of the Strait of Hormuz for months. Based on unnamed U.S. officials, the assessment estimates Iran can resist blockade effects for 90 to 120 days, possibly longer.

The report also indicates that Iran has maintained a significant portion of its missile and drone inventory, despite sustained attacks from the U.S. and Israel. This suggests Tehran’s military capabilities remain serious and perhaps undiminished.

Economic Impact Disputed

The White House argues that the blockade has severely damaged Iran’s economy. However, the intelligence assessment concludes that Tehran possesses resilience to avert short-term economic collapse. Iran could use methods like its oil reserves and alternative smuggling routes to weather the pressure.

This divergence in views highlights the complexity of the situation. While the U.S. aims to increase economic pressure, Iran appears confident in its ability to endure. The coming weeks will likely see further diplomatic maneuvering, but for now, both sides seem entrenched in their positions.

This is not investment advice.