Iran says it will 'never bow' as Trump rejects peace counteroffer, prolonging Middle East conflict

U.S. President Trump rejected Iran's peace proposal, prolonging the Middle East conflict. Iran has declared it will ‘never bow’ and is demanding the end of the Strait of Hormuz blockade and sanctions. This situation is impacting oil prices and global energy markets, and is likely to be a key issue at Trump’s upcoming summit with Xi Jinping.