US President Donald Trump said he will review a new 14-point peace proposal from Iran but expressed scepticism about its acceptance, citing Tehran's past actions over the last 47 years. The proposal, submitted through mediator Islamabad, calls for an end to hostilities on all fronts and a new framework for managing the Strait of Hormuz, according to Iran's Tasnim and Fars news agencies. Trump made the comments on his Truth Social platform, stating he "can't imagine" the plan would be acceptable. Speaking briefly to reporters in West Palm Beach, Florida, he left open the possibility of renewed military action, saying, "If they misbehave, if they do something bad, but right now, we'll see. But it's a possibility that could happen, certainly." Iranian military official Mohammad Jafar Asadi said a renewed conflict is likely, accusing the US of failing to honour agreements. Deputy foreign minister Kazem Gharibabadi stated the decision now rests with Washington, adding Iran is "prepared for both paths." Iran's UN mission criticised US demands on its nuclear programme, calling American stance "hypocritical," noting uranium enrichment remains legal under IAEA supervision. Since the war began, Iran has controlled the Strait of Hormuz, disrupting global oil, gas and fertilizer flows, while the US maintains a counter-blockade on Iranian ports. Oil prices remain about 50 percent above pre-war levels. Ali Nikzad, Iran's parliamentary vice speaker, said 30 percent of future tolls from the strait would fund military infrastructure. Fighting also continued in Lebanon, where Israeli strikes killed three people, according to Lebanon's National News Agency. Israel targeted Hezbollah positions in southern Lebanon despite a separate truce. Hezbollah claimed attacks on Israeli troops, and a convent linked to French Catholic charity L'Oeuvre d'Orient was damaged in Yaroun.
Trump questions Iran's peace offer while leaving the door open for more strikes, even as he admits not reviewing it yet. Iran's proposal includes verifiable steps like Strait of Hormuz management, but US rhetoric focuses on past grievances rather than current terms. While oil prices stay 50 percent above pre-war levels, global markets remain hostage to posturing on both sides. Any escalation risks further disruption to energy supplies that developing economies, including Nigeria, depend on.
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