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Iran Sees only Unacceptable Ideas in Latest Mediation to End War, Official Says - BusinessWorld Online

Tehran is weighing a seven-day proposal that would trade confidence-building steps for relief on sanctions, port blockades and other demands, officials said.

  • On Sunday, Qatari mediators presented a new peace proposal to Iran aimed at ending the eight-month-old conflict, with Tehran currently reviewing the terms and expected to respond by week's end.
  • Qatar and Pakistan have led mediation efforts to end the war, which recently spread to Yemen and Saudi Arabia; President Donald Trump rejected a previous September proposal, prompting continued Qatari engagement.
  • The proposal outlines a seven-day timeline for confidence-building steps between Tehran and Washington. Foreign Minister Abbas Araqchi confirmed Iran remains in contact with intermediaries to review these ideas.
  • A senior Iranian official dismissed the proposal as "unacceptable ideas and not an offer," stating Tehran shows no flexibility on its nuclear program and continues threats against Arab Gulf states.
  • Oil prices rose more than 1% to more than $115 per barrel on Wednesday following a Houthi attack on Ras Tanura. Concerns persist that Israeli Prime Minister Benjamin Netanyahu could resume strikes this week.
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The proposal put forward by Qatar sets a seven-day timeframe that addresses Iranian and US concerns.

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Apa broke the news on Wednesday, October 28, 2026.
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