Trump says ceasefire with Iran on ‘life support’ after rejecting peace proposals
US president says he is considering restarting naval escorts in strait of Hormuz in attempt to end Iranian blockade
TL;DR
- Donald Trump considers the ceasefire with Iran on 'life support' after dismissing its peace proposals.
- He is contemplating restarting US navy military escorts of ships through the Strait of Hormuz.
- Iran's foreign ministry spokesperson described Iran's proposals as 'reasonable, responsible and generous.'
- Oil prices have risen as the deadlock continues.
- The impasse may affect Trump's upcoming summit with Chinese President Xi Jinping.
- Shipping companies are negotiating with Iran or the US to bypass blockades, but numbers are minuscule.
- Oman's foreign minister held talks to reach an agreement on a new regime for the waterway and humanitarian measures.
- The Iranian economy shows signs of mounting pressure, with electricity consumption reductions and decreased medicine reserves.
- The UK and France will hold a meeting of defence ministers to discuss a taskforce to protect free naval passage in the Strait of Hormuz.