Trump's push to reopen the Strait of Hormuz has hit a wall, a setback for the White House as Iran hardens its demands and Israel rejects a peace framework.

• Iran says there are no real talks with the US, just messages passed through go-betweens, and won't negotiate while the US naval blockade stays up.
• US officials promised a deal to reopen the strait "today or tomorrow" all week, but the weekend came with nothing.
• Iran is now raising its price: billions in US payments, removal of American troops from the region, and an end to the blockade.
• Sensing US weakness after reports of low munitions and calls from generals for an exit, Iran is pressing its advantage.
• Netanyahu rejected the 15-point peace document and ruled out a Palestinian state, killing hopes for a quick Middle East settlement.

Outlook: With both Iran and Israel dug in, a near-term deal to reopen the strait looks unlikely.