Story
Iran Receives US Response on Ceasefire Proposal as American Troops Exit Iraq

Summary
Tehran has reportedly received Washington's response to its latest ceasefire proposal, a development that coincides with the final withdrawal of U.S. military forces from neighboring Iraq, according to a Reuters report.
Iran's government said Wednesday it has received a response from the United States regarding its latest proposal to resurrect a collapsed ceasefire, according to a report from Reuters. The diplomatic development comes as Washington announced the completion of its military withdrawal from neighboring Iraq, a move celebrated by Tehran and its regional allies.
Diplomatic Efforts and Sticking Points
The Iranian proposal, put forward last week, reportedly involves the U.S. lifting its blockade of Iranian ports in exchange for Iran reopening the critical Strait of Hormuz within seven days. While U.S. President Donald Trump said on Sunday he had rejected the proposal, an Iranian government spokesperson stated Wednesday via a post on X that a U.S. response had been conveyed to Tehran's government.
Qatari mediators have been facilitating indirect talks between the two sides, according to Reuters. An official briefed on the discussions told the news agency that the primary disagreement is not over the necessary steps to de-escalate, but rather the sequence in which those actions should be taken.
US Completes Iraq Withdrawal
Concurrently, U.S. and Iraqi officials confirmed the withdrawal of the last American troops from bases in Iraq on Wednesday. The pullout fulfills a plan agreed to in 2024 and marks a significant geopolitical shift in the region, where Iraq has often been a theater for U.S.-Iran proxy conflicts.
AdIran and its allied armed factions in Iraq framed the withdrawal as a major victory. Abu Mojtaba al-Yasiri, a commander in the Islamic Resistance in Iraq, an umbrella group of Iran-backed factions, called it a "crushing defeat for the American project," as reported by Reuters.
Market and Regional Implications
The ongoing conflict has severely impacted global energy markets by disrupting transit through the Strait of Hormuz, a chokepoint for approximately one-fifth of global oil supplies before the war. Flows of crude oil, refined products, and natural gas remain significantly constrained, with shippers charging high fees to navigate the high-risk waters.
Britain’s UKMTO maritime security body reported on Wednesday that two ships had been hit by projectiles in the area the previous day, underscoring the persistent dangers to commercial shipping. Analysts suggest the U.S. withdrawal from Iraq could further empower Iran's regional proxies, potentially allowing them to expand their influence on state policies in the absence of a Western military presence.
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