Shafaq News- Tehran

Iranian Foreign Minister Abbas Araghchi said on Friday that Israeli Prime Minister Benjamin Netanyahu’s “gamble” has so far cost the United States $100 billion directly.

Araghchi added that indirect costs to American taxpayers are significantly higher, estimating that the monthly burden on each US household has reached $500 and is rising rapidly. He also remarked that “Israel first always means America last.”

Pakistani sources told CNN that Iran may present a revised peace proposal to the United States later in the day, with mediators expecting a new response after US President Donald Trump rejected an earlier version, while noting signs of progress in the negotiations despite ongoing uncertainty.

Iran announced earlier this week the closure of the Strait of Hormuz from the Arabian Sea, shortly after US President Donald Trump defended the naval blockade as leverage in nuclear negotiations.

Iran’s Islamic Revolutionary Guard Corps (IRGC) announced on March 2 the closure of the Strait of Hormuz following US and Israeli strikes on February 28. A temporary ceasefire was declared on April 8 through Pakistani mediation, followed by talks in Pakistan on April 11 that ended without agreement. US President Donald Trump extended the ceasefire on April 21 at Pakistan’s request pending an Iranian proposal for further negotiations, without specifying a timeframe.

Read more: Washington pursues regional de-escalation through fragile frameworks