CNBC report focuses on the standoff over the Strait of Hormuz, where transit remains heavily disrupted as Iran continues asserting control over shipping routes despite U.S. naval operations. It says that Iran is willing to open the Strait of Hormuz for general shipping provided the United States ends its naval blockade, unfreezes Iran’s frozen assets, and promises reconstruction funds to build its war devasted economy. Meanwhile, at UNGA, President Donald Trump asserted that the U.S. holds the upper hand militarily and economically and threatening severe escalations, including targeting Kharg Island and other critical Iranian infrastructure.

Full report : After President Trump’s address to the UNGA, Iran’s army through its media says the U.S. is desperate.