“Iran has rejected a U.S.-backed 15-point ceasefire proposal, according to its state-run English-language broadcaster Press TV, which cited an anonymous official on Wednesday.”

“Iran has also put forward its own ceasefire proposal, calling for war reparations and sovereignty over the Strait of Hormuz.”

“Washington's proposal had been transmitted to Tehran via Pakistan, which is on a pause in its own war with Afghanistan.”

“The U.S. also announced plans to deploy thousands of troops to the Middle East as Trump focuses on reopening the Strait of Hormuz that has choked global energy supply chains.”

“White House Press Secretary Karoline Leavitt said that the U.S. 'has been engaged over the last three days in productive conversations' and that 'the President’s preference is always peace.'”

“If Iran fails to accept the reality of the current moment, if they fail to understand that they have been defeated militarily and will continue to be, President Trump will ensure they are hit harder than they have ever been hit before.”

“Mohammed-Baqer Qalibaf, the speaker of Iran’s parliament, said in a post on X on Wednesday that his country was 'closely monitoring all US movements in the region, especially troop deployments.'”

“Iran’s leader wrote that 'based on some data, Iran’s enemies, with the support of one of the regional countries, are preparing to occupy one of the Iranian islands.'”

“The exact contents of the proposal have not been publicly released, but speaking to the New York Times, officials said it addresses Iran’s ballistic missile and nuclear programs as well as touches upon maritime routes.”

“Israel’s Channel 12 published 14 points reportedly from the plan, citing a Western source, but which TIME could not independently verify.”

“The proposal also asks Iran to ensure that the Strait of Hormuz—which it has effectively shut off—remains open. It also sought to limit Iran’s missile program for self-defense use.”

“Iran continues to insist that no negotiations are underway, even though Qalibaf has reportedly been in talks with Trump Administration representatives.”

“Iran has publicly rejected the proposal and has offered its own five conditions for ending the war, according to Press TV.”

“Sanctions on Iran would be lifted; the U.S. would also assist Iran in developing its civilian nuclear program, including electricity generation at the Bushehr nuclear plant. The proposal would also remove the 'snapback' mechanism...”

“Abbas Araghchi, Iran’s foreign minister, denied that negotiations areĚ being conducted with the U.S.”

“The unnamed Israeli official aligned with the U.S. proposal's terms.”

“Three of Iran’s key nuclear facilities—Natanz, Isfahan, and Fordow—will be decommissioned. The proposal also reportedly seeks for Iran to abandon its 'proxy' network of armed groups and to stop financing and arming them.”

“The Wall Street Journal also reported that the U.S. calls on Tehran to suspend its work on missiles, to cease support for proxies, and to reopen the Strait of Hormuz, in exchange for having Iran’s nuclear-related sanctions lifted...”

“Channel 12 added, citing three unnamed sources, that the Trump Administration was proposing a one-month ceasefire during which both sides would iron out the details of the proposal...”

“The proposal Channel 12 outlined includes dismantling Iran’s nuclear capabilities and requiring Iran to commit that it will never pursue nuclear weapons, stopping uranium enrichment on its territory, and transferring enriched material to the International Atomic Energy Agency under an agreed timeline.”

“The Trump administration stated the operation to address the conflict was 'almost done' and referenced a timeline for completion.”