The American president rejected the proposal, saying Iran wanted to make a deal because it was “losing so badly.”
World
Sunday 7:14am
Disruption in the Middle East and rising fuel costs have pushed prices higher, but Kiwis are still travelling by finding savings elsewhere.
New Zealand
Sat, Sep 26
2:28
Iran's Foreign Minister Abbas Araghchi detailed the proposal in a private gathering on Friday on the sidelines of the UN General Assembly in New York, according to one attendee.
When Netanyahu walked to the rostrum, a mix of cheers, boos and mass walkouts erupted.
Fri, Sep 25
Iran's president Masoud Pezeshkian said of the United States: "Yes they did hit us, but we did not bend the knee."
Thu, Sep 24
Shortly after, the president said US and Iranian officials met, saying it was "a very good meeting", but offering few details.
Wed, Sep 23
Meanwhile, hundreds of thousands of people rallied in Tehran in the largest show of support for the government.
Sat, Sep 19
Among the dead were 11 children who had been inside the building damaged by a missile earlier in the war.
Thu, Sep 17
Oil prices have gained more than 2% as worries grow about global petroleum supplies and the ability of Saudi Arabia to get its crude to market.
Tue, Sep 15
Attacks on Saudi and Russian oil infrastructure, plus a shuttered Strait of Hormuz, are driving fuel prices higher.
Mon, Sep 14
The BRICS group of emerging economies expressed concern over rising tensions in the Middle East and condemned the use of sanctions not authorised by the UN, as the leaders met in New Delhi.
Sun, Sep 13
The attack on the East-West pipeline came as Iran-backed Houthi rebels in Yemen put further pressure on neighbouring Saudi Arabia and its shipping.
The rebels' capture of Mayun island opens a new front in the conflict, threatening key shipping lanes and pushing crude prices above US$100 a barrel.
Sat, Sep 12
The takeover gives Iran another potential point of leverage in its war with the US, analysts said.
Fri, Sep 11
The S&P 500 fell 0.6% and is on track for a fourth straight loss, though it's not far from its all-time high set last month.
The jump in oil prices over the course of the war has fuelled already high inflation.
Business
Thu, Sep 10
Iran launched missiles toward US targets in Jordan following the latest American strikes.
Wed, Sep 9
There have been calls to preserve the ruins as a historical record of where Iran officials say more than 100 students were killed.
Mon, Sep 7
Iran said Sunday it struck an unmanned US vessel trying to enter the Strait of Hormuz, the latest salvo in a new flare-up of fighting between the two countries.
Sun, Sep 6
Experts called it a dangerous escalation after Iran’s previous attacks at sea targeted commercial shipping.
“I call it a military conflict because it’s small potatoes for us. It's not a big thing."
Sat, Sep 5
Trump insisted the country had "unlimited amounts" of firepower as the US war with Iran drags into its seventh month.
Fri, Sep 4
Iranian state media said four people – two women and two children – were killed and more than 60 were wounded.
Thu, Sep 3
Sailors and Marines aboard the nuclear-powered ship hadn't been ashore for more than 260 days, and reports emerged last month of deteriorating mental health.
In a post to his Truth Social platform, Trump said: "Now that we have it under U.S.A control, should we change the name Hormuz Strait to TRUMP STRAIT??"
