US President Donald Trump casts doubts on Iran peace proposal as details emerge
Efforts to mediate an end to the Iran war persisted as the war in Iran entered its third month, and US President Donald Trump hinted that Tehran’s latest peace proposal might not be enough to satisfy him, Bloomberg reported on Sunday.
Iran’s suggestions include setting a one-month deadline on talks for a deal to reopen the Strait of Hormuz and end both the US naval blockade and the conflict in Iran and Lebanon, according to Axios, which cited two sources familiar with the matter.
The source said that if such a pact is reached, another month of discussions would then begin in an attempt to reach an agreement on Iran’s nuclear program.
Market reaction
At the time of writing, the West Texas Intermediate (WTI) is down 1.05% on the day at $98.18.
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