Iranian forces will drive adversary out of Arabian Sea: Mojtaba Khamenei

Iranian forces have driven enemy forces back from waters off southern Iran to the Arabian Sea, Supreme Leader Mojtaba Khamenei said on Monday, according to his Telegram channel, warning that Iranian forces would soon push them out of the Arabian Sea as well.

US stock index futures dropped on Monday after President Donald Trump rejected an Iranian proposal to end the conflict, leading to a spike in crude prices that rekindled inflation concerns and drove Treasury yields higher.

Iranian forces have driven enemy forces back from waters off southern Iran to the Arabian Sea, Supreme Leader Mojtaba Khamenei said on Monday, according to his Telegram channel, warning that Iranian forces would soon push them out of the Arabian Sea as well.

US stock index futures dropped on Monday after President Donald Trump rejected an Iranian proposal to end the conflict, leading to a spike in crude prices that rekindled inflation concerns and drove Treasury yields higher.

Iran announced a peace proposal at last week's United Nations General Assembly in New York, saying it had been relayed to the United States through Qatari mediators. While Trump said on Saturday he had rejected the offer, he told Axios on Sunday that he expected US negotiators to continue talks this week.

"They want to make a deal to open the Hormuz Strait immediately because they're losing so badly," Trump said before leaving for Tennessee. "We're winning tremendously.