Al Arabiya English
President Donald Trump’s swift rejection of Iran’s response to a US peace proposal sent oil prices surging on Monday amid concerns the 10-week-old conflict will drag on, keeping shipping through the Strait of Hormuz paralyzed.Days after the US floated an offer in the hopes of re-opening negotiations, Iran on Sunday released a response focused on ending the war on all fronts, especially Lebanon, where US ally Israel is fighting Iran-backed Hezbollah militants.For all the latest headlines, follow our Google News channel online or via the app.Tehran also included a demand for compensation for war damage and emphasized Iranian sovereignty over the Strait of Hormuz, Iranian state TV said.It also called on the US to end its naval blockade, guarantee no further attacks, lift sanctions and end a US ban on Iranian oil sales, the semi-official Tasnim news agency said.Within hours, Trump dismissed Iran’s proposal with a post on social media.“I don’t like it — TOTALLY UNACCEPTABLE,” Trump wrote on
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