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Or sign-in if you have an account.An Iranian police officer stands before a poster depicting the mouth of U.S. President Donald Trump, gagged by a blue ribbon in the shape of the Strait of Hormuz, on May 9, 2026 in Tehran, Iran. Iran offered to transfer part of its enriched uranium stockpile, but rejected U.S. demands to dismantle nuclear facilities. Photo by Majid Saeedi /Getty ImagesIran offered to transfer some of its stockpile of highly enriched uranium to a third country in its response to the latest U.S. proposal to end 10 weeks of war, but rejected the idea of dismantling its nuclear facilities, the Wall Street Journal reported.Enjoy the latest local, national and international news.Exclusive articles by Conrad Black, Barbara Kay and others. Plus, special edition NP Platformed and First Reading newsletters and virtual events.Unlimited online access to National Post.National Post ePaper, an electronic replica of the print edition to view on any device, share and comment on.Daily puzzles including the New York Times Crossword.Support local journalism.Enjoy the latest local, national and international news.Exclusive articles by Conrad Black, Barbara Kay and others. Plus, special edition NP Platformed and First Reading newsletters and virtual events.Unlimited online access to National Post.National Post ePaper, an electronic replica of the print edition to view on any device, share and comment on.Daily puzzles including the New York Times Crossword.Support local journalism.Create an account or sign in to continue with your reading experience.Access articles from across Canada with one account.Share your thoughts and join the conversation in the comments.Enjoy additional articles per month.Get email updates from your favourite authors.Create an account or sign in to continue with your reading experience.Access articles from across Canada with one accountShare your thoughts and join the conversation in the commentsEnjoy additional articles per monthGet email updates from your favourite authorsSign In or Create an AccountorAs a series of incidents continues to threaten a shaky ceasefire, Tehran hasn’t yet given any public indication it would accept Donald Trump’s plan. The U.S. president proposed that Iran permit passage through the Strait of Hormuz and Washington end its blockade on Iranian ports in the next month.Under the new proposal, Iran would dilute some of its highly enriched uranium and have the rest sent to a third country, the paper said, citing people familiar with the response, but it also called for guarantees the transferred uranium would be returned if talks fail and ruled out dismantling its facilities.Columnist Jesse Kline keeps you up to date with what’s happening in Israel and the effects of antisemitism on life here in Canada. Friday mornings.By signing up you consent to receive the above newsletter from Postmedia Network Inc.A welcome email is on its way. If you don't see it, please check your junk folder.The next issue of Channel Israel will soon be in your inbox.We encountered an issue signing you up. Please try againIran’s response ran several pages, as negotiators proposed an end to the fighting and a gradual reopening of Hormuz, according to the Journal, which noted the two sides remain far apart on the question of Tehran’s nuclear program.Iran’s semi-official news agency Tasnim said that the Journal’s reporting on proposals for handling nuclear material were “not true,” but didn’t elaborate. The statement focused on Iran’s desire for an immediate end to the war, a lifting of US sanctions on oil sales, an end to the US blockade of the Gulf of Oman and ultimately Iranian management of the strait.The conflict has killed thousands of people across the Middle East and sent energy prices soaring. If the two sides reach a deal, they would still need to negotiate later over the details of how to address Iran’s nuclear program, which remains a critical sticking point.Trump had warned the U.S. might “go a different route if everything doesn’t get signed up, buttoned up,” suggesting an expanded version of Project Freedom, the brief US effort to break Iran’s maritime stranglehold and escort ships through Hormuz. Roughly a fifth of the world’s oil and liquefied natural gas flowed through the waterway before the conflict began.On Sunday, Trump said Iran has been “playing games” with the U.S. and other countries. “For 47 years the Iranians have been ‘tapping’ us along, keeping us waiting, killing our people with their roadside bombs, destroying protests, and recently wiping out 42,000 innocent, unarmed protestors, and laughing at our now GREAT AGAIN Country,” he wrote in a social media post. “They will be laughing no longer!”( @realDonaldTrump - Truth Social Post )( Donald J. Trump - May 10 2026, 1:52 PM ET )Iran has been playing games with the United States, and the rest of the World, for 47 years (DELAY, DELAY, DELAY!), and then finally hit “pay dirt” when Barack Hussein Obama became President.… pic.twitter.com/z8WdYacOX6— Fan Donald J. Trump 🇺🇸 TRUTH POSTS (@TruthTrumpPosts) May 10, 2026Israeli Prime Minister Benjamin Netanyahu also warned that the war is “not over.” In an interview airing Sunday on CBS’s 60 Minutes, he said there is more work needed to dismantle Iran’s nuclear capability and to remove its stockpile of highly enriched uranium.Despite the ceasefire in place since April 8, a drone strike on Sunday briefly set a cargo vessel ablaze off Qatar in the Persian Gulf, marking the latest shipping attack in the region.The United Arab Emirates and Kuwait, both of which have come under attack from Iran in the past two months, said Sunday they had intercepted hostile drones.Iranian Deputy Foreign Minister Kazem Gharibabadi also warned the UK and France in a post on X that the presence of its warships in Strait of Hormuz will be met with a “decisive and immediate response from the armed forces of the Islamic Republic of Iran.”The conflict that began with U.S.-Israeli strikes on Iran on Feb. 28 has upended oil and gas markets, with soaring fuel prices piling pressure on governments and consumers worldwide — including in the US ahead of November’s midterm elections.Saudi Aramco, the world’s largest oil company, on Sunday warned it would take several months for the market to return to normal even if the Strait of Hormuz reopened immediately.Should “trade and shipping remain curtailed by more than a few weeks from today, we anticipate the supply disruption to persist, and the market to normalize only in 2027,” Chief Executive Officer Amin Nasser said in a statement.As the crisis rolls on, the Gulf’s biggest economies have been adapting and finding ways to get at least some of their energy output to market.Ship-tracking data compiled by Bloomberg showed Al Kharaitiyat, a tanker carrying Qatari liquefied natural gas, transited Hormuz this weekend. It marks Qatar’s first export out of the region since the crisis began and was bound for Pakistan — a major mediator in U.S.-Iran peace discussions.The shipment is part of Pakistan’s negotiations with Iran to let it obtain extra Qatari LNG cargoes and help meet urgent demand, according to people with knowledge of the matter, who asked not to be identified because the discussions are private.Meanwhile, Aramco and the UAE’s state oil company Adnoc are among firms that have moved crude cargoes through the strait since Iran effectively closed it, Bloomberg reported Friday.Other Saudi exports have been redirected via pipeline to the Red Sea. Aramco reported a 26% jump in first-quarter profit on Sunday, following a war-induced rise in prices of oil and refined fuels, and as used this alternative route.Brent crude, the global benchmark, edged higher to settle around US$101 a barrel on Friday, though still notched a weekly drop of about six per cent.U.S. Energy Secretary Chris Wright signalled Sunday on NBC’s Meet the Press that the U.S. may give priority to reopening Hormuz over its demand for an end to Tehran’s nuclear program.Asked about the possibility of an interim deal that might not fully address the nuclear issue, he said: “Certainly, that’s got to be possible.”More related to the war:Iran denied a New York Times report of an oil slick around Kharg Island in the Gulf. The official Shana news agency cited an oil terminal official as saying there was no leakage in infrastructure, storage tanks, pipelines or vessels.Iranian Supreme Leader Mojtaba Khamenei met a top military official and issued “new directives” to confront their enemies, according to another state news agency. There was no footage of Khamenei, who hasn’t been publicly seen or heard since his March appointment.— With assistance from Sara Gharaibeh, Tony Czuczka, Angela Cullen, Eltaf Najafizada, Se Young Lee and Wendy Benjaminson. Join the Conversation This website uses cookies to personalize your content (including ads), and allows us to analyze our traffic. Read more about cookies here. By continuing to use our site, you agree to our Terms of Use and Privacy Policy.