Pakistan Delivers Revised Iranian Peace Plan to US
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- Pakistan handed a revised Iranian peace proposal to the United States, a Reuters source said on May 18.
- Baghaei confirmed Tehran’s views were conveyed to Washington through Pakistan, but offered no details.
- Trump warned the ceasefire is “on life support” and set a meeting with top national security advisers on May 19 to discuss possible military action.
- Iran is demanding war‑damage compensation, an end to the U.S. blockade of its ports, and a halt to fighting on all fronts, while the United States insists on dismantling Iran’s nuclear program and lifting the Hormuz blockade.
- Iran launched drones at Gulf states, sparking a fire at a UAE nuclear plant and prompting Saudi Arabia to intercept three drones, which pushed oil prices higher and global markets lower.
Why it matters: The United States faces a narrowing window to secure a diplomatic exit before Iran's demands and drone attacks drive oil prices higher, squeezing global markets and risking a renewed military escalation.

