Trump Rejects Iran's Peace Proposal as 'Unacceptable'
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- Iran sent a counterproposal via Pakistan demanding an end to the war on all fronts, including Lebanon.
- Trump labeled Iran’s response “totally unacceptable” on Truth Social and accused Tehran of “playing games” for 47 years.
- Trump insists Iran must first reopen the Strait of Hormuz and address its nuclear program before any further talks.
- Iran’s de‑facto blockade of the Strait of Hormuz, which handles about 20% of global oil and gas exports, began after U.S. and Israel attacks on Feb 28.
- U.S. and Iran have been exchanging attacks at sea, capturing and intercepting ships while Gulf nations also face attacks.
Why it matters: Oil exporters and global markets lose stability as the stalemate keeps the Strait of Hormuz partially blocked, threatening the 20% of world oil flow and keeping shipping costs high.
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