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Trump Rejects Iran Peace Counterproposal as Strait of Hormuz Remains Closed for 10 Weeks

Published on May 11, 2026 661 views

President Donald Trump sharply rejected Iran's peace counterproposal on Monday, calling it 'totally unacceptable' and 'simply unacceptable,' and warning that the ceasefire between the United States and Iran is now on 'massive life support.' The blunt rebuke came as the Strait of Hormuz entered its tenth consecutive week of closure, a blockade that has rattled global energy markets and alarmed world leaders scrambling for a diplomatic resolution.

Iran's foreign ministry pushed back strongly against Trump's characterization, insisting that its proposal is both 'reasonable' and 'generous.' Tehran's demands include substantial war reparations, full sovereign control over the Strait of Hormuz, the complete lifting of all economic sanctions, and the release of frozen Iranian assets held abroad. Iranian officials have framed these conditions as a minimum baseline for any meaningful peace agreement.

The economic toll of the prolonged closure has been staggering. Saudi Aramco, the world's largest oil producer, issued a stark warning that the Strait of Hormuz dispute may not be resolved before the end of the year. Since the conflict began ten weeks ago, the world has lost access to more than one billion barrels of oil, sending prices surging and threatening supply chains across Asia, Europe, and beyond. Energy analysts warn that every additional week of closure deepens structural damage to the global economy.

Pakistan's government offered a note of cautious optimism, stating that it remains hopeful a deal between Washington and Tehran can be reached in the near future. Islamabad has positioned itself as a potential back-channel intermediary, maintaining lines of communication with both parties. However, the wide gap between the two sides' negotiating positions makes a swift agreement appear increasingly unlikely.

In a separate but significant development, Israeli Prime Minister Benjamin Netanyahu declared that it is time for Israel to wean itself off remaining American military support, expressing a desire to reduce the current annual defense aid package of 3.8 billion dollars to zero. The statement marked a notable rhetorical shift for the Israeli leader and raised questions about the long-term trajectory of the US-Israel alliance amid the broader regional turmoil.

Meanwhile, Iranian Nobel Peace Prize laureate Narges Mohammadi was granted bail, according to reports confirmed by human rights organizations. Mohammadi, who has long been imprisoned for her activism in defense of women's rights and democratic freedoms in Iran, has become a global symbol of resistance. Her temporary release was welcomed by international advocates but tempered by uncertainty over her long-term legal situation.

As diplomatic channels remain strained and the Strait of Hormuz stays shut, the international community faces an increasingly urgent choice between escalation and compromise. The coming days are expected to be critical, with back-channel negotiations continuing even as public statements from both Washington and Tehran grow more confrontational.

Sources: CNN, CNBC, NPR, CBS News

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