Washington: President Donald Trump has formally rejected Iran's latest response to a U.S.-led peace proposal, describing the terms as "totally unacceptable." The rejection, delivered via social media on Sunday, May 10, 2026, has cast fresh doubt on a swift resolution to the 10-week-old conflict that has paralyzed global shipping in the Strait of Hormuz.

The Iranian counter-offer, mediated by Pakistan, reportedly focused on an immediate end to the war on all fronts—including Lebanon—and demanded the lifting of the U.S. naval blockade and all economic sanctions. Crucially, Tehran sought to defer discussions regarding its nuclear program to a later stage, whereas the U.S. 14-point plan reportedly demanded a 20-year moratorium on uranium enrichment and the transfer of its nuclear stockpiles overseas as part of an initial framework.

"I have just read the response from Iran's so-called 'Representatives.' I don't like it - TOTALLY UNACCEPTABLE!" Trump wrote, further accusing Tehran of "playing games" for decades. In subsequent remarks, the President suggested that while Iran's military capabilities have been significantly degraded, combat operations could resume if a deal is not reached, stating that the U.S. still has "other targets" it could hit.

The diplomatic impasse comes at a critical time as the month-old ceasefire shows signs of strain. Recent days have seen a spike in regional tensions, including drone intercepts by the UAE and Qatar, and ongoing clashes between Israel and Hezbollah. Global markets reacted sharply to the news, with oil prices surging as the blockade of the world’s most vital energy waterway continues. Trump is expected to discuss the crisis with Chinese President Xi Jinping during an official visit to Beijing later this week.

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