Ceasefire on ‘life support,’ Trump says, as hopes for Iran peace deal fade

Trump stated that the ceasefire with Iran was ‘on life support,’ as Iran rejected a U.S. proposal and presented its own demands. Rising oil prices and concerns over energy supply have increased due to the closure of the Strait of Hormuz. Trump is requesting China to persuade Iran to negotiate with Washington, while the U.S. has announced new sanctions on Iran.