Global & US Headlines
Trump Rejects Iranian Cease-Fire Counter-Offer, Hormuz Reopening Stalls
On 11 May 2026, Donald Trump publicly labelled Tehran’s reply to Washington’s 14-point peace plan “TOTALLY UNACCEPTABLE,” freezing the first serious talks since the 28 February U.S.–Iran war began and immediately jolting oil markets.
Focusing Facts
- Brent crude spiked roughly US $3 per barrel within hours of Trump’s Truth Social post, according to Reuters trading data published 11 May.
- Iran’s written response, relayed via Pakistani mediators, conditioned any deal on U.S. war-damage compensation, full lifting of OFAC oil sanctions within 30 days, and formal U.S. recognition of Iranian sovereignty over the Strait of Hormuz (Tasnim, IRNA reports).
- The conflict has entered its 11th week—having started with coordinated U.S.–Israeli strikes on 28 Feb—and continues to block a strait that once carried about 20 % of global oil shipments.
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Perspectives in this article
- Right-leaning tabloid media
- Mainstream international wire services and Indian national dailies
- Middle East regional media