Iran says US 'will pay' after Trump rejects peace proposal: Updates

Iran issued a warning that 'the US will pay' after rejecting Trump's peace proposal, escalating tensions. Public impatience with the war's financial toll is growing in the US, and Trump's justification for the conflict is losing credibility. Fighting around the Strait of Hormuz and rising US gas prices to levels seen in 2022 are intensifying energy security concerns.