The United Arab Emirates said Tuesday it will exit OPEC, while the Trump administration seemed unlikely to accept Iran's offer to reopen the Strait of Hormuz if the U.S. ends its blockade and the war.

U.S. President Donald Trump is unhappy with the latest Iranian proposal ​on resolving the two-month war, a U.S. official said, dampening hopes for resolution of a conflict that has disrupted energy supplies,

Tehran is said to have proposed a plan that would reopen the Strait of Hormuz while leaving questions about its nuclear program for later negotiations. Follow for live updates.

President Trump has told advisers he is not satisfied with Iran’s latest proposal to reopen the Strait of Hormuz and end the war, according to multiple people briefed on discussions in the White House Situation Room on Monday.

A possible reopening of the Strait of Hormuz is on the table. President Trump asserts the war in Iran will end "very soon," underscoring the imperative to prevent their acquisition of nuclear weapons.

Tehran is said to have proposed a plan that would reopen the Strait of Hormuz while leaving questions about its nuclear program for later negotiations.

President Trump and his national-security team are skeptical of Iran’s offer of a deal that would see the Strait of Hormuz open and d

Iran has offered to end its chokehold on the Strait of Hormuz in exchange for the U.S. lifting its blockade on the country and an end to the war, two regional officials said Monday. Under the proposal,