Trump rejects Iran's conditional ceasefire proposal, WSJ reports, as Saudi coalition intercepts projectiles

Trump expects renewed U.S. bombing of Iran after the midterm elections, The Wall Street Journal reports, as Saudi-backed forces intercept projectiles.

Trump rejects Iran's conditional ceasefire proposal, WSJ reports, as Saudi coalition intercepts projectiles

TL;DR

  • President Trump is reportedly expected to resume bombing Iran after the mid-term elections.
  • Iran had proposed reopening the Strait of Hormuz and resuming nuclear talks within seven days if specific conditions are met.
  • Tehran's conditions include an end to U.S. 'acts of aggression,' a halt to the naval blockade and economic warfare, and the release of Iranian assets.
  • Saudi-led coalition forces intercepted two drones and two ballistic missiles fired by Iran-backed Houthi rebels.
  • Crude oil prices dropped significantly for the week as discussions between Tehran and Washington occurred on the sidelines of the U.N. General Assembly.