Live Updates: Iran vows to fight on, oil prices surge as Trump rejects peace proposal as "unacceptable"

Iran rejected the U.S. peace proposal, signaling continued conflict and leading to a surge in oil prices. President Trump plans to urge China to negotiate with Iran, while the ongoing conflict between Israel and Hezbollah complicates efforts for a broader peace deal. Israel has advised civilians to evacuate and Hezbollah continues to attack IDF forces.