Trump says Iran’s response to peace proposal unacceptable, as oil prices surge
Trump said he had reviewed Iran’s response and warned that Tehran would “be laughing no longer,” accusing the country of delaying negotiations and destabilizing the region.
United States President Donald Trump has described Iran’s latest response to a U.S.-backed peace proposal as “totally unacceptable,” raising fears of renewed conflict in the Middle East and triggering a sharp rise in global oil prices.
The remarks came amid ongoing tensions between Washington and Tehran following months of conflict linked to the Strait of Hormuz and regional military operations. In a post on Truth Social on Sunday, Trump said he had reviewed Iran’s response and warned that Tehran would “be laughing no longer,” accusing the country of delaying negotiations and destabilizing the region.
According to Iranian state media, Tehran submitted its reply to the U.S. proposal through Pakistan. Iranian officials reportedly called for an immediate end to hostilities, guarantees against future attacks, partial lifting of U.S. sanctions, and the release of frozen Iranian assets.
The proposal also reportedly demanded an end to military activity across multiple fronts, including Israeli strikes in Lebanon, and sought greater Iranian control over shipping in the Strait of Hormuz — a critical global oil transit route.
Following Trump’s comments, Brent crude oil prices jumped more than 4 percent in Asian trading, climbing above $105 per barrel as investors reacted to fears that negotiations could collapse and fighting could intensify.
Analysts said markets remain highly sensitive to developments in the region. Kevin Book, head of research at ClearView Energy Partners, said traders viewed Trump’s language as a sign that tensions could escalate further if diplomatic talks fail.
Iranian authorities did not immediately issue an official response to Trump’s statement. However, reports from Iranian media outlets close to the Revolutionary Guards suggested Tehran remains focused on ending the conflict while seeking sanctions relief.
The latest developments come as Israeli Prime Minister Benjamin Netanyahu stated in a televised interview that the confrontation with Iran was “not over,” adding that Israel remained concerned about Tehran’s nuclear capabilities.
The conflict has continued to unsettle global markets and heightened concerns over energy security, particularly regarding shipping access through the Strait of Hormuz, a key route for international oil supplies.
