Iran said it expects Washington's final response today to its seven-point plan for reopening the Strait of Hormuz, with Foreign Minister Abbas Araghchi insisting Tehran's conditions are unchanged as Qatari and Pakistani mediators work to revive the Islamabad memorandum of understanding. Araghchi, who has flown back to Tehran, said Qatar would relay the US answer and that the Qataris know how to reach Iran whenever they have it.

President Donald Trump denied offering Iran sanctions relief or the release of frozen funds, calling an Axios report that he was willing to trade economic relief for concrete nuclear concessions a hoax and writing on Truth Social, "I offered them NOTHING!" A source told Axios the talks are stuck, and Trump said Tuesday that Iran "will give up" and "will not have a nuclear weapon." US officials had earlier described the mediated discussions as positive.

WTI crude fell to $90 even as Trump denied offering any deal, and Tehran said it remains ready for talks. An informed Iranian official told Press TV that reports of Iranian flexibility on the nuclear issue were incorrect, that Iran's position has not changed and that no discussions on the matter are currently taking place.