Iran’s response to peace proposal ‘unacceptable,’ Trump says, raising fears Hormuz will stay closed

President Trump rejected Iran’s response to the U.S. peace proposal as ‘totally unacceptable,’ raising fears that the Strait of Hormuz will remain closed. This has led to a surge in oil prices and increased concerns about a potential resumption of hostilities. Israel is determined to eliminate Iran’s nuclear capabilities, seeking to continue the war until all enriched uranium is removed.