Trump Rejects Iran Peace Proposal: Strait of Hormuz Crisis Deepens Global Energy Fears

US President Trump rejected Iran’s latest peace proposal in the Middle East, deepening the crisis at the Strait of Hormuz and raising global energy market concerns. The Iranian proposal included demands for reparations, recognition of Iranian sovereignty over the Strait, and the end of US sanctions, but Trump dismissed it as ‘completely unacceptable.’ Rising oil prices, exceeding $100 per barrel, reflect the escalating energy supply disruption.