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Iran offers new proposal amid stalled US peace talks

  • On April 13, the U.S. initiated a blockade that stranded Iranian oil tankers, forcing Iran to consider dramatic production cuts within two weeks due to limited storage capacity.
  • During his first term, President Donald Trump hiked sanctions as part of a 'maximum pressure' campaign, though the effort failed to secure a nuclear deal with Tehran.
  • Wood Mackenzie analysts estimate Iran will exhaust storage capacity in three weeks, with Alexandre Araman writing that 'if the blockade persists, cuts become inevitable.'
  • On Monday, Oil Minister Mohsen Paknejad praised terminal staff for their 'continuous perseverance,' while U.S. Treasury Secretary Scott Bessent claimed on X the blockade is collapsing the industry.
  • Miad Maleki, a former U.S. Treasury sanctions expert, warned that shutting down oil wells could cause irreversible damage and trigger new unrest among workers if operations halt.
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Although Iran presented a new negotiating proposal to the United States yesterday, Donald Trump is not satisfied and, for now, the talks to end the conflict are still stalled.The news of last May 1 caused the price of oil to fall by 6.5% to the 106 dollars from the 114 dollars with which it closed on Thursday. Finally the barrel closed the day at 108.17 dollars, 2% less if compared to the data day before.The oil reaches up to 126 dollars Once th…

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Radiotelevizija Herceg-BosneRadiotelevizija Herceg-Bosne
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Iran submitted a new proposal for a negotiating framework to Pakistan earlier today.

·Belgrade, Serbia
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NBC Bay Area broke the news in San Francisco, United States on Thursday, April 30, 2026.
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