Trump called Iran’s counter peace proposal “totally unacceptable,” dimming the prospects of an imminent deal to end the war.

Iran defended its demands for a peace deal after President Trump called them “unacceptable.” Oil prices rose and stocks were flat amid no signs of an end to the war.

"Totally unacceptable" were the words President Donald Trump used to describe Iran’s response to the latest U.S. proposal to end the ongoing conflict between the two nations. The president’s rejection came shortly after the reply was delivered by Pakistani mediators.

Trump said that Iran has pledged to stop enriching uranium and is "100% confident" that they will comply, while stressing the US will never let Iran possess a nuclear bomb. US President Donald Trump

President Donald Trump called out the "piece of garbage" peace proposal from Iran on Monday from the Oval Office, saying only "stupid people" in Iran are questioning his resolve in guaranteeing Iran will never have a nuclear weapon.

The Iranian government insists it demanded only the country's "legitimate rights" and no "concessions" in its response to the latest U.S. peace proposal. President Trump has rejected Iran's reply as "totally unacceptable.

President Trump delivered one of the most remarkable series of comments about his negotiations with Iran during an Oval Office event on Monday. He said Iran's most recent proposal was "unacceptable" and he "didn't even finish reading it.

President Trump said the U.S. was awaiting Iran’s economic collapse as a result of its blockade of Iranian ports, adding that he was certain he could prevent the regime from getting a nuclear weapon.