US officials are reviewing the proposal but have not disclosed further details about its content or status.

The next key signals are whether mediator-led talks make progress, whether the naval blockade remains in place and whether the impeachment effort against Hegseth returns when the new Congress begins in January.

Hudson Institute senior fellow Ludovic Hood described the administration’s use of economic pressure, selective military force and regional partnerships as sensible, but said disciplined diplomacy remains underdeveloped.

Hood also said Gulf partners are not sufficiently aligned and called for more meaningful European involvement, particularly to help secure nuclear concessions or a more cooperative government in Tehran.

Iran’s stated conditions include ending the U.S. blockade, easing sanctions, releasing frozen assets, compensating for war damage and stopping regional hostilities.

Donald Trump said renewed strikes and a resumption of hostilities in the conflict, now more than eight months long, were unlikely if negotiations advanced toward limiting Iran’s nuclear ambitions and reopening the Strait of Hormuz.

The comments came after US Secretary of State Marco Rubio called some Iranian conditions “outrageous and ridiculous,” while Iran reviewed proposals mediated by Qatar.

The article says another US strike remains possible and diplomatic progress uncertain, while warning that renewed escalation could bring electoral backlash, greater congressional resistance, international pressure and the risk of a wider confrontation.

China and Russia urged political solutions and cautioned against renewed military action, while oil prices fell nearly 4% amid hopes for diplomacy.

Oil-market uncertainty is expected to persist until an agreement convinces traders that shipping can safely return to normal; the risk of renewed attacks is already reflected in prices.

Maritime firms recorded at least 37 attacks on ships in the region during November, the highest monthly total since the war began.

GPS jamming and spoofing continue across the Persian Gulf and nearby waterways, prompting U.S. maritime authorities to advise crews to supplement satellite navigation with radar and visual bearings.