New Delhi, May 2 -- A day after US President Donald Trump rejected Iran's latest proposal, stating that he was not 'satisfied', a senior Iranian official on Saturday (local time) said that the proposal would reopen shipping in the Strait of Hormuz and lift the US blockade on Iran, while postponing discussions on Tehran's nuclear programme.

The official, who spoke to Reuters on condition of anonymity, said that the Islamic Republic believed that its latest proposal to delay nuclear talks for a later stage was a significant shift aimed at facilitating an agreement.

He further noted that under the latest proposal, the US-Iran war would end with a guarantee that Israel and the US would not attack again, and that Tehran would open the Strait...