Trump signals rapid end to US-Iran conflict as peace proposal is reviewed

President Trump anticipates a rapid end to the US-Iran conflict as Iran reviews a new American peace proposal aimed at formally ending the conflict. The proposal includes steps to reopen the Strait of Hormuz, ease sanctions, and limit Iran’s nuclear program, but doesn't address US demands regarding Iran's missile program or support for allied groups. Financial markets reacted positively, with oil prices falling sharply.