Overview
- Iran’s lead negotiator Mohammad Bagher Ghalibaf said Tuesday the 14-point proposal is final and warned that forces are ready to “give a lesson” if attacked.
- President Donald Trump said Monday the cease-fire is “on life support,” called Iran’s reply “to the trash,” and said he is considering relaunching a U.S. operation to escort ships through the Strait of Hormuz.
- Iran’s response demands an immediate end to regional fighting, lifting the U.S. naval blockade of its ports, and freeing frozen assets, while media reports say Tehran would dilute some enriched uranium and send some abroad but reject dismantling facilities or a 20-year halt.
- Oil prices jumped above $105–$107 a barrel after the breakdown, reflecting concern over the Strait of Hormuz, a narrow waterway that carries about a fifth of global oil and large volumes of fertilizer crucial to food supplies.
- Violence continues despite truce lines, with new drone incidents reported in Gulf waters and ongoing Israel–Hezbollah strikes in Lebanon that have caused fresh deaths.