Trump says he is likely to reject Iran peace proposal as Tehran has 'not yet paid a big enough price'
🔴 Tension RisingCNBC2026-05-03
U.S. President Trump indicated a potential rejection of Iran's peace proposal, stating it hadn't yet secured ‘enough price’ for Iran’s actions. Iran proposed shelving nuclear talks in exchange for reopening the Strait of Hormuz and lifting the U.S. blockade. Amid escalating tensions between Israel and Hezbollah, the prospects for a broader peace agreement remain uncertain.