US Prepares for Extended Blockade as Trump Rejects Iran's Peace Offer

US Prepares for Extended Blockade as Trump Rejects Iran's Peace Offer

2026-04-29 global

Washington, Wednesday, 29 April 2026.
Trump’s rejection of Iran’s peace proposal signals an extended naval blockade, rattling global energy markets as US gas prices hit $4.18 and Brent crude tops $111.

A Firm Rejection and a Looming Deadline

On Monday, April 27, 2026, President Donald Trump met with his national security team in the White House Situation Room to deliberate on an Iranian peace proposal mediated by Pakistan [3][4][6]. The proposal offered to reopen the critical Strait of Hormuz to all maritime traffic, contingent upon the United States lifting its naval blockade and formally ending the war, while notably deferring any discussions regarding Tehran’s nuclear program [3][4][7]. Unwilling to decouple the nuclear issue from the broader conflict, Trump informed his aides that he is dissatisfied with the terms and instructed them to prepare for an extended blockade [6][7]. This decision underscores a deliberate strategy to squeeze Iran’s economy and oil exports, compelling capitulation on nuclear enrichment rather than resuming kinetic military operations or abandoning the region [6].

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Energy markets Iran sanctions