Trump says US will guide ships out of Strait of Hormuz

Iranian media reportedly revealed some details Saturday on the government's new peace proposal sent through Pakistani mediators last Thursday.

Semi-official news agencies Fars and Tasnim reported Tehran submitted a 14-point counterproposal to the U.S.'s nine-point proposal. The agencies claimed the U.S. requested a two-month ceasefire but Iran says issues should be resolved within 30 days.

Some of the Iranian demands included a withdrawal of U.S. forces from Iran’s surroundings, the lifting the naval blockade and a new mechanism for the Strait, lifting sanctions and ending the war on all fronts including Lebanon, according to the news agencies.

The U.S. has not commented on the specific details of their negotiations with Iran.

-ABC News' Claire Bower

The U.S. has approved $8.6 billion worth of arms for Kuwait, the UAE, Qatar and Israel -- sidestepping Congress by invoking emergency powers, according to notices published by the State Department.

The State Department notified Congress it was using its authorities for the sales, including $4 billion worth of Patriot missile interceptors for Qatar.

Since the outset of the war in Iran, the administration has used the authority for billions of dollars' worth of sales to the UAE, Israel and Kuwait.

Rep. Gregory Meeks, D-N.Y., the ranking member of the House Foreign Affairs Committee, said the administration was "using the veneer of an emergency declaration to push through sales with no urgent nexus to current conflicts."

-ABC News' Chris Boccia

Iran’s armed forces say it is "likely" the U.S.-Israel war on the country will resume as "evidence shows the US is not committed to any agreements or treaties."

"The actions and statements of U.S. officials are primarily media-driven aimed first at preventing a drop in oil prices and second at extricating themselves from the mess they have created," Mohammad Jafar Asadi, deputy of the military headquarters, said in a statement carried by Iran’s Fars news agency.

"The armed forces are fully prepared for any new adventures or foolishness from the Americans."

-ABC News's Lama Hasan

The Treasury Department's Office of Foreign Assets Control issued a warning to shippers on Friday that fulfilling any demand for an Iranian toll in exchange for passage through the Strait of Hormuz risks exposure to U.S. sanctions.

"OFAC is issuing this alert to warn U.S. and non-U.S. persons about the sanctions risks of making these payments to, or soliciting guarantees from, the Iranian regime for safe passage. These risks exist regardless of payment method," its alert said.

Demands to pay a toll could come in a variety of ways, including "fiat currency, digital assets, offsets, informal swaps, or other in-kind payments," such as charitable donations to the Iranian Red Crescent Society, the alert said.

The OFAC also reiterated that the U.S. naval blockade of Iranian ports remains in effect.

The alert comes as shipping traffic through the critical shipping channel remains at a virtual standstill and the indefinite ceasefire between the U.S. and Iran drags on without a clear resolution to the war -- or a full reopening of the strait -- in sight.

-ABC News' Nicholas Kerr