US-Israel-Iran War Latest Update: Iran Demands IRR 12.6 Quadrillion Deal to End Conflict, Rejects Strait of Hormuz Concessions as Trump Calls Regime ‘Pathetic’

Tensions between Iran-US have intensified after Tehran reportedly unveiled a controversial 14-point proposal seeking approx IRR 12.6 quadrillion in post-war reconstruction funding while firmly rejecting any concession over its control of the strategically important Strait of Hormuz.

By: Shubhi Kumar
Last Updated: June 13, 2026 02:55:09 IST

US-Israel-Iran War Latest Update: Tensions between Iran and the United States have escalated after Tehran reportedly drafted a controversial 14-point proposal demanding around IRR 12.6 quadrillion (approximately $300 billion) for post-war reconstruction while refusing to surrender control of the strategic Strait of Hormuz. The proposal has triggered a strong response from former US President Donald Trump, who dismissed it as “weak and pathetic” while insisting ongoing peace discussions are unrelated to the leaked document.

The developments come amid heightened military and diplomatic activity in the region, including recent US strikes and reports of high-level negotiations involving American officials.

What is Iran’s IRR 12.6 Quadrillion War-End Proposal?

Iran’s draft agreement, reportedly circulated through state media, calls for large-scale international reconstruction funding worth at least IRR 12.6 quadrillion (approximately $300 billion). The plan frames this as essential compensation for war-related damage and economic recovery.

It also links financial assistance to broader geopolitical concessions, including sanctions relief and guaranteed sovereignty commitments.

US-Israel-Iran War Latest Update: Will Iran Keep Control of the Strait of Hormuz?

A key clause in the proposal suggests reopening the Strait of Hormuz for global shipping while still maintaining Iranian oversight.

This point is particularly sensitive, as the waterway is one of the world’s most critical oil transit routes, and any shift in control dynamics could have global energy implications.

What Does the Draft Deal Say About Nuclear Enrichment?

The proposal reportedly allows Iran to continue nuclear enrichment activities while reaffirming its commitment to the Nuclear Non-Proliferation Treaty and rejecting the development of nuclear weapons.

Negotiations on nuclear issues are expected to be limited to enrichment levels and sanctions relief, excluding missile development and regional proxy activities.

Why is Trump Calling the Plan ‘Weak and Pathetic’?

Donald Trump strongly rejected Iran’s leaked proposal, stating it had “nothing to do” with actual negotiations and accusing Tehran of acting in bad faith.

He further warned the Iranian leadership to “get their act together fast,” signaling a hardened stance amid already tense diplomatic exchanges.

Is a US-Iran Peace Deal Really Close?

Despite public disagreements, reports suggest that US officials, including Vice President JD Vance, could travel to Geneva for potential talks aimed at finalizing a framework agreement.

However, both sides appear divided on key issues such as sanctions relief, military presence in the region, and nuclear restrictions.

What Role Do Frozen Funds and Sanctions Play in the Negotiations?

A central part of the draft deal includes the release of approximately IRR 1.008 quadrillion (around $24 billion) in frozen Iranian assets during the early phases of negotiations.

Iran is also demanding the suspension of sanctions on oil exports and petrochemical trade as a precondition for deeper talks on a final agreement.

What Happens Next in the Iran-US Standoff?

The situation remains highly fluid, with competing narratives from Washington and Tehran about what has actually been agreed.

While diplomatic channels remain open, major gaps persist over security guarantees, economic reparations, and regional military influence—making a near-term breakthrough uncertain.

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