US President Donald Trump said he will review Iran's 14-point peace proposal but expressed skepticism about its acceptance, citing Tehran's past actions. The proposal, sent via mediator Islamabad, calls for ending hostilities on all fronts and establishing a new framework for the Strait of Hormuz, according to Iranian news agencies Tasnim and Fars. Trump made the remarks on his Truth Social platform Saturday, stating, "can't imagine that it would be acceptable in that they have not yet paid a big enough price for what they have done to Humanity, and the World, over the last 47 years." He did not rule out future military action, telling reporters in West Palm Beach, Florida, "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 with the US is likely, accusing Washington of failing to honor agreements. Deputy foreign minister Kazem Gharibabadi stated, "the ball is in the United States' court to choose the path of diplomacy or the continuation of a confrontational approach," adding Iran is "prepared for both paths." Iran's UN mission criticized the US for "hypocritical behavior" on nuclear matters, noting there is no legal restriction on uranium enrichment under International Atomic Energy Agency 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 draft legislation would allocate 30 percent of Strait tolls to military infrastructure. Fighting continued in Lebanon, where Israeli strikes killed three, according to Lebanon's NNA.
Trump questions Iran's peace offer while leaving the door open for more attacks, even as he acknowledges receipt of the proposal. Iran insists it is ready for diplomacy or confrontation, framing the next move as Washington's to make. The continued closure of the Strait of Hormuz and soaring oil prices directly affect global markets, including Nigeria's import-dependent economy. Any prolonged disruption risks worsening fuel and food costs for Nigerian households already strained by inflation.
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