Washington denounces Iran's truce proposal as 'cynical'

INTELLIGENCE SUMMARY

A top US official on Sunday dismissed a proposal for reopening the Strait of Hormuz presented by Iran as "cynical" and indicated it was a non-starter for Washington. Iran's truce plan, announced by Foreign Minister Abbas Araghchi at the United Nations earlier this week, calls for the release of frozen Iranian assets, the lifting of sanctions on Iranian oil and an end to the US naval blockade in order for the key waterway central to the world's energy supplies to be opened.