Trump rejects Iran deal

US President Donald Trump has rejected Iran's response to a US peace proposal, calling it 'totally unacceptable'. The proposal, which was delivered to Washington via Pakistani mediators, included demands for an end to the war on all fronts, the lifting of US sanctions, and recognition of Iranian sovereignty over the Strait of Hormuz. Trump's rejection has led to a surge in oil prices and raised concerns about the ongoing conflict in the region. The US had proposed an end to fighting before starting talks on more contentious issues, including Iran's nuclear program. However, Iran's response included demands that the US pay compensation for war damages and recognize Iranian control over the Strait of Hormuz. Iranian state media reported that the regime's demands also included the need for the US to lift sanctions and end a US ban on Iranian oil sales. The conflict between the US and Iran has been ongoing since February 28, with both sides imposing blockades on each other's ports and engaging in military strikes. The situation has been further complicated by the involvement of other countries, including Israel, which has been fighting Iran-backed militants in Lebanon.