Iran sends US seven-condition nuclear proposal via Qatar

Summary

With the US midterm elections over, the Trump administration faces a near-term decision on whether to resume the war with Iran, and Tehran has sent a new nuclear proposal through Qatar that sets seven conditions for negotiations, while Trump says he will decide soon.⁠12

Iran says it will negotiate only after those conditions are met and has refused to reopen the Strait of Hormuz until then, while the United States is reviewing the proposal.⁠2

Trump said he would rather not destroy the rest of Iran but maybe he will have to, adding that 'you'll know soon enough' about his decision.⁠3

In the Strait of Hormuz, Iran's Revolutionary Guards navy said two oil tankers caught fire after striking mines while attempting to transit the waterway.⁠4

In Europe, the Bank of England raised interest rates for the first time since 2023 and warned that further increases are more likely.⁠5

In Latin America, Paraguayan President Santiago Peña announced his resignation over a banking crisis, but Congress rejected it and began impeachment proceedings.⁠6

For Washington and Tehran, the military has reportedly told Trump it favors conditions on November 9 for new strikes, making that date the next turning point to watch.⁠7