US President Donald Trump has officially rejected Tehran’s response to the latest U.S. peace proposal, declaring it "totally unacceptable" and a "piece of garbage".
Current Status of the Conflict
- Ceasefire Status: President Trump stated that the ceasefire, which began on April 7, is now on "massive life support".
- Market Impact: Brent crude oil prices spiked over 3% to cross $104 a barrel due to fears of renewed escalation.
- U.S. Action: The U.S. implemented new sanctions targeting entities assisting Iranian oil shipments to China.
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