Iran's chief negotiator has warned that the United States must accept Tehran's new 14-point peace proposal or face repeated failure, as tensions rise over a fragile ceasefire in the Middle East war. The conflict, sparked more than two months ago by United States and Israeli strikes on Iran, has spread across the region and shaken the global economy despite a temporary halt in large-scale fighting.

Iran says its proposal calls for an end to hostilities on all fronts, including Lebanon, the lifting of the United States naval blockade on Iranian ports, and the release of frozen Iranian assets held under sanctions. President Donald Trump rejected the response as 'totally unacceptable' and claimed the truce was close to collapse, triggering a surge in oil prices and renewed uncertainty in global markets.

The standoff over the Strait of Hormuz has deepened the crisis, as Iran restricts maritime traffic and considers charging tolls on passing vessels. Energy leaders warn that the resulting supply shock is unprecedented, while concerns grow over shortages of fertilizer and food that could push tens of millions more people into hunger.

Meanwhile, violence continues in Lebanon despite a ceasefire agreement, with deadly Israeli strikes and ongoing clashes involving Hezbollah. Civilians across the region face mounting uncertainty as diplomatic efforts struggle to prevent a return to full-scale war.