President Trump dismissed Iran's latest response to the U.S. proposal to end the war, calling it "totally unacceptable," as oil prices rose following the rejection.

Kuwait accused Iran of launching a failed attack earlier this month on an island where China is helping build a port in the Middle East nation.

As President Trump again voiced optimism that Iran will "make a deal" to end the war, Tehran declared itself the regulator of Strait of Hormuz shipping.

President Donald Trump called Iran’s response to a U.S. proposal “totally unacceptable” after Tehran reportedly failed to address key demands over its nuclear program and enriched uranium stockpile.

TEHRAN: Iran’s Revolutionary Guards held military exercises in capital Tehran to prepare for any confrontation, state media reported Tuesday, after US President Donald Trump warned a ceasefire in the Middle East war was on the brink of collapse.

Iran's Revolutionary Guard navy on Saturday warned that any attack on Iranian oil tankers or commercial vessels would be met with a “heavy assault” on one of the U.S. bases in the region and enemy ships,

The U.S. and Iran are reportedly considering a deal to end the war, with terms including lifting sanctions and reopening the Strait of Hormuz, as President Trump warns of escalation if Iran rejects the proposal.

Trump, who will discuss the war with Chinese President Xi Jinping during his trip to Beijing this week, said Iran's response threatened the status of a ceasefire announced on 7 April.

Abbas Araghchi criticised what he described as the 'arrogant approach' and 'threatening, provocative rhetoric' of the US

DUBAI, United Arab Emirates (AP) — Iran's Revolutionary Guard navy on Saturday warned that any attack on Iranian oil tankers or commercial vessels would be met with a “heavy assault” on one of the U.S. bases in the region and enemy ships, even as a tenuous ceasefire appeared to be holding.

U.S. President Donald Trump strongly criticized Iran’s ceasefire proposal, using terms like “garbage” and “stupid proposal,” and within hours, Iranian Parliament Speaker Mohammad Bagher Ghalibaf retaliated,