Trump Rejects Iran Offer, Oil Prices Rise

Trump Dismisses Iran’s Peace Plan Response as “Totally Unacceptable”

Trump’s Quick Rebuttal
The former president blasted Iran’s counter‑proposal on Truth Social, labeling it “totally unacceptable” without offering further explanation.
Iran’s Demands
End fighting worldwide, especially in Lebanon where Israeli forces clash with Hezbollah.
Compensation for war damage.
Full control of the Strait of Hormuz and lifting U.S. naval blockade, sanctions, and oil sale restrictions.
Market Impact
Oil prices surged roughly $3 per barrel amid fears that the conflict could persist for weeks.
Strategic Stakes
The Strait of Hormuz, handling about 20 % of global oil traffic, has become a flashpoint.
NATO allies refuse to send ships through the strait without a comprehensive peace deal, and no international force has been deployed.

Political Context
The war’s unpopularity in the U.S. is amplified by rising gasoline costs as mid‑year elections loom.
Trump’s Next Moves
Heading to Beijing next week, he plans to urge China to pressure Tehran into a deal.
He acknowledges U.S. forces are “defeated” but not finished, hinting at possible continued fighting.
Israeli Perspective
Israeli leaders maintain that the conflict ends only when Iran’s nuclear program and missile forces are halted.
They see diplomacy as a path to eliminate enriched uranium, though force remains an option.
Iranian Resolve
Iran’s president declared the nation will never back down and will vigorously defend its interests.
Ongoing Tensions
Despite diplomatic talks, drone attacks and clashes in Lebanon continue to keep regional tensions high.