- Tehran also insisted on maintaining control over shipping activities in the Strait of Hormuz
- Trump bluntly rejected the proposal without giving details
- Shipping activities in the area have slowed significantly following repeated security threats and military tensions
Donald Trump has dismissed Iran’s latest response to a proposed US peace initiative, describing the proposal as unacceptable and dimming hopes for a quick resolution to the ongoing regional conflict.
Eko Hot Blog reports that the rejection came shortly after Iranian authorities unveiled their conditions for renewed negotiations, which reportedly included demands for compensation over war-related damages, the lifting of sanctions, an end to the US naval blockade and guarantees against future military action.
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According to Iranian media reports, Tehran also insisted on maintaining control over shipping activities in the Strait of Hormuz, a strategic waterway critical to global oil exports.
Reacting through social media, Trump bluntly rejected the proposal without giving details, a move that reportedly triggered another rise in global oil prices as investors feared prolonged instability in the Gulf region.
The conflict, now stretching beyond two months, has severely disrupted maritime movement through the Strait of Hormuz, one of the world’s busiest oil transit routes.
Shipping activities in the area have slowed significantly following repeated security threats and military tensions.
Despite the fragile ceasefire announced weeks ago, reports of drone activity across Gulf nations continued on Sunday. Authorities in United Arab Emirates, Qatar and Kuwait all confirmed interceptions or security incidents linked to unmanned aerial threats.
However, some commercial vessels resumed movement through the Strait under special security arrangements.
A liquefied natural gas carrier linked to Qatar reportedly crossed safely en route to Pakistan, while another cargo vessel successfully completed passage after earlier delays.
Iranian President Masoud Pezeshkian maintained that his country would continue defending its national interests and would not surrender to external pressure.
Meanwhile, Benjamin Netanyahu said military objectives against Iran had not yet been fully achieved, insisting more work remained regarding Tehran’s nuclear activities and regional influence.
The continued instability has raised concerns globally over rising fuel prices, threats to international trade routes and the broader impact on the world economy ahead of Trump’s scheduled diplomatic trip to China later this week.
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