Trump Directly Confirms He Rejected Hormuz Proposal: "Not Acceptable"
US President Donald Trump directly stated that he found Iran's proposal to reopen the Strait of Hormuz within seven days unacceptable. Trump told reporters that the reason Iran wants to open the strait immediately is that it is losing the war badly; the statement confirmed the rejection reported by WSJ on Saturday and put, in Trump's own words, the claim that Reuters had been unable to independently confirm.
Iranian FM Araghchi: We Will Not Soften Our Demands, Still No Official Response
Iranian Foreign Minister Abbas Araghchi said that despite Trump's rejection, Tehran will not soften its demands that the US lift the blockade, release frozen assets and suspend oil sanctions in exchange for reopening the Strait of Hormuz. Araghchi said that no official response has yet been received from Washington via the Qatari and Pakistani mediators.
No Progress in New York: Attention Turns to After the November Midterms
After the UN General Assembly talks in New York failed to yield concrete progress, analysts point to signals that the Trump administration plans to resume its military campaign against Iran after the November midterm elections. Against this backdrop, the geopolitical risk premium in oil markets carries into the new week, with investors watching the period after the midterms as the process's next turning point.
Ekonomik Takvim | September 28 - October 2, 2026
🇺🇸 October 2, 2026, 15:30 (TSİ)
US Non-Farm Payrolls (NFP)
The US Department of Labor's September non-farm payrolls report will be released at 15:30 (TSİ); a strong labor market reading could shape expectations for the Fed's October rate decision.
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