Iran has ruled out making nuclear concessions even if the United States accepts a plan to reopen the Strait of Hormuz. The PositionDefinition A position is the market exposure created after a trade has been executed. It can be long, short, partially hedged, or combined with other trades, and it remains o...Read More highlights continued differences between Tehran and Washington over nuclear issues and regional security.
Iran will not make concessions on its nuclear programme even if the United States accepts Tehran's proposal for reopening the Strait of Hormuz, a senior Iranian official told Reuters. The official said the strait would remain closed until Iran's conditions were met. Foreign Minister Abbas Araqchi separately said Iran had given Washington a concrete seven-day plan.

