Iran says it is ready for diplomacy or war as Trump expects new talks

Iran says it is ready for renewed war but is keeping the door open to diplomacy, as US President Donald Trump says he expects more talks with Tehran this week, Gulf News reports.

Washington has rejected an Iranian seven-day roadmap tied to reopening the Strait of Hormuz. “I reject their proposal,” Trump told reporters, adding to Axios that “they overplayed their hand.” Citing sources, Axios reported that indirect talks between both sides could resume as early as Monday.

Oil prices and bond yields rose after the rejection, while crude exports from key Middle East producers climbed to 12.8 million barrels per day in September, the highest since the war began, though still below February’s 18.8 million.

With both sides trading threats while keeping talks alive, the fate of the Hormuz reopening now rests on whether Monday’s indirect negotiations can break the deadlock.

This is the third Iran-Hormuz story tonight, so the rejection detail repeats across all three. If your boss wants variety, this one leans on the “ready for war or diplomacy” angle.