President Trump has dismissed Iran’s latest counter-proposal to end their two-month war, labeling the 14-point document "garbage" and "totally unacceptable." The rejection has pushed a month-long, Pakistan-brokered ceasefire to the brink of collapse, with Trump warning the truce is now on "massive life support." Iran’s demands reportedly included war reparations, an end to the U.S. naval blockade, and full sovereignty over the economically vital Strait of Hormuz.
Global oil prices spiked immediately following the news as markets fear a return to active combat could permanently choke off Middle Eastern energy exports.
Negotiators are now looking to Chinese President Xi Jinping to intervene before the U.S. resumes military strikes or naval escorts in the Gulf.
.Here are the top political news stories for today.
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