Soaring oil prices and the blockade are preventing food, fuel and medicine being delivered to millions of people in desperate need, say NGOs

The United States showed little immediate enthusiasm for a new Iranian proposal that would end the war and reopen the Strait of Hormuz without resolving the impasse over the Islamic Republic's nuclear program.

Oil prices were up Monday as a standoff between the U.S. and Iran in the Strait of Hormuz remained despite a ceasefire, while Pakistan leaders were seeking to revive stalled talks between the two countries.

Israeli attack on Iran started the war, peace talks are on hold, with control of the Strait of Hormuz and the future of Iran's nuclear program as the two main points of contention.

There is still no clear end in sight to the Iran war, as Washington and Tehran remain divided on key issues and peace talks have yet to restart.

Billionaire Alexei Mordashov’s vessel, Nord, reportedly able to cross blockaded strait with US and Iranian approval

In its latest offer delivered on Sunday, Iran proposed opening the key waterway to shipping traffic and lifting the U.S. blockade, while postponing the thornier nuclear issue until later.

President Trump said Tuesday that Iran told the U.S. that it is collapsing and wants the Strait of Hormuz opened. “Iran has just informed us that they are in a ‘State of Collapse,’” Trump wrote on

President Donald Trump is dissatisfied with Iran's proposal to open the Strait of Hormuz, according to The New York Times. The strait remains effectively closed to tanker traffic, cutting of Gulf oil exports to the world.