Trump warns Mideast truce on 'life support', Iran says ready for any aggression

Summary

President Donald Trump warns that the Middle East ceasefire is on 'life support' amid rejection of Iran's counteroffer, with Iran ready to respond to any aggression. Rising tensions escalate fears of prolonged energy market disruptions.

Key Points
  • President Donald Trump warned the Middle East ceasefire is precarious, describing it as being on 'life support'.
  • Iran rejected the US proposal and stated its military is prepared to respond to any aggression.
  • Iran demands the lifting of the US naval blockade and release of its frozen assets as conditions for peace.
  • Rising tensions have caused spikes in oil prices and fears of extended disruptions to energy markets via the Strait of Hormuz.
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