US Iran war highlights: Trump says ceasefire is 'on life support'; Iran speaker says army ready to ‘teach a lesson'

US Iran war LIVE: Iran's foreign ministry spokesperson Esmail Baghaei on Monday said that Tehran gave “generous” and “responsible” suggestions to US in its response to Trump's proposal.

“Tehran only seeks to secure its rights and gave generous and responsible suggestions to the US.”

US Iran war news LIVE: Iran on Monday took a jibe at US President Donald Trump over his post, saying “soon you will leave our region with tears in your eyes.”

Taking to X, the official handle of Iran in India said, “We have been through many ups and downs and learned many lessons. We will continue to laugh; but know this: soon you will leave our region with tears in your eyes.”

This comes after Trump on Truth Social said that Iran has been laughing at his “great” country for years now.

"For 47 years the Iranians have been “tapping” us along, keeping us waiting, killing our people with their roadside bombs, destroying protests, and recently wiping out 42,000 innocent, unarmed protestors, and laughing at our now GREAT AGAIN Country. They will be laughing no longer! President DONALD J. TRUMP”

US Iran war news LIVE: South Korea's presidential Blue House on Monday condemned in the strongest terms an attack against a cargo ship operated by a Korean shipper this month in the Strait of Hormuz and said it plans to respond once the source of the attack is identified.

South Korean experts have conducted an initial forensics of the damage to the port stern, a senior Blue House official told reporters. The attack had led to a fire in the vessel's engine room

-Reuters

US Iran war news LIVE: Iran offered to transfer some of its stockpile of highly enriched uranium to a third country in its response to the latest US proposal to end 10 weeks of war, but rejected the idea of dismantling its nuclear facilities, the Wall Street Journal reported.

As a series of incidents continues to threaten a shaky ceasefire, Tehran hasn’t yet given any public indication it would accept Donald Trump’s plan. The US president proposed that Iran permit passage through the Strait of Hormuz and Washington end its blockade on Iranian ports in the next month.

Under the new proposal, Iran would dilute some of its highly enriched uranium and have the rest sent to a third country, the paper said, citing people familiar with the response, but it also called for guarantees the transferred uranium would be returned if talks fail and ruled out dismantling its facilities.

(With Bloomberg inputs)

US Iran war news LIVE: Iran has executed a man accused of cooperating with Israeli and US intelligence services, according to the Mizan news agency, cited by Reuters.

US Iran war news LIVE: The UK and France will on Tuesday host a multinational meeting of defence ministers on military plans to restore trade flows through the Strait of Hormuz, the British government said.

"The Defence Secretary John Healey will co-chair a meeting of over 40 nations, alongside his French counterpart, Minister Catherine Vautrin, for the multinational mission's first Defence Minister's meeting," a defence ministry statement said Sunday.

The announcement came hours after Iran warned London and Paris against sending warships to the region..

US Iran war news LIVE: Saudi Arabia on Monday condemned the attacks targeting the territories and territorial waters of the UAE, Qatar and Kuwait, and repeated its support for the Gulf nations in steps taken to safeguard their security.

In a statement, the Saudi Arabia Ministry of Foreign Affairs described the attacks as "treacherous" and condemned them, saying, "The Ministry of Foreign Affairs expresses the Kingdom of Saudi Arabia's strongest condemnation of the treacherous attacks targeting the territories and territorial waters of each of the United Arab Emirates, the State of Qatar, and the State of Kuwait, renewing the Kingdom's support for all measures taken by the fraternal Gulf states to protect their security and stability."

US Iran war news LIVE: Indian equity benchmarks opened in the red on Monday as geopolitical tensions, rising crude oil prices, and concerns over foreign exchange outflows weighed on investor sentiment. Prime Minister Modi's appeals to curb foreign exchange outflows and weak global cues from Wall Street futures added pressure to domestic markets.

At the opening bell, the BSE SENSEX stood at 76,378.03 points, marking a decline of 950.16 points or 1.23 per cent. Similarly, the NIFTY 50 reached 23,900.25 points, down by 275.90 points or 1.14 per cent.

The jewellery sector faced heavy selling pressure after Prime Minister Narendra Modi appealed to citizens on Sunday to conserve foreign exchange reserves. The Prime Minister requested the public to avoid unnecessary foreign travel, overseas vacations, and foreign weddings, encouraging domestic tourism instead. He also requested that people avoid non-essential gold purchases for one year to reduce pressure on foreign exchange outflows.

Stock prices for major jewellers reacted sharply as Senco Gold Limited dropped 8.98 per cent to ₹332.60, while Titan Company Limited fell 5.34 per cent to ₹4,268.10. Kalyan Jewellers India Limited saw a decrease of 7.43 per cent to trade at ₹393.00, and PC Jeweller Limited declined by 3.89 per cent to ₹9.13.

-ANI

US Iran war news LIVE: India’s benchmark equity indices plunged in early trade on Monday as escalating tensions in the ongoing US-Iran conflict rattled global markets and triggered fears of prolonged inflation and higher crude oil prices.

The BSE Sensex tanked 845.68 points to 76,482.51 in opening trade, while the NSE Nifty fell 237.90 points to 23,936.85.

US Iran war news LIVE: Oil prices opened sharply higher on Monday shortly after US President Donald Trump said he rejected Tehran's response to Washington's peace proposal, and Iran renewed threats of violence in the Strait of Hormuz.

The international benchmark for oil, Brent crude that is being prepared for July delivery, was up 2.69 percent to $104.01 a barrel.

Its US counterpart, West Texas Intermediate, rose 2.54 percent to $97.84 a barrel.

-AFP

US Iran war news LIVE: Gold prices fell on Monday as a lack of progress in US-Iran peace proposal saw an increase in the oil prices, Reuters reported.

Spot gold fell 0.6% at $4,684.32 per ounce, as of 0223 GMT. U.S. gold futures for June delivery lost 0.8% at $4,692.70.

US Iran war news LIVE: Iran responded to Washington’s latest peace proposal earlier in the day, while warning that it would retaliate against any fresh US strikes and would not allow more foreign warships in the Strait of Hormuz.

Despite ongoing behind-the-scenes diplomacy, Tehran continued to publicly maintain a defiant stance.

"We will never bow down to the enemy, and if there is talk of dialogue or negotiation, it does not mean surrender or retreat," Iranian President Masoud Pezeshkian said on X on Sunday.

US Iran war news LIVE: Marking the country's first export out of the region since Iran war began, a tanker carrying liquefied natural gas from Qatar transited the Strait of Hormuz, Bloomberg reported.

The Al Kharaitiyat, which loaded at the Ras Laffan export plant earlier this month, exited the strait and is in the Gulf of Oman, ship-tracking data compiled by Bloomberg shows. The vessel lists Pakistan as its next destination, according to the data.

The ship appears to have navigated the Tehran-approved northern route that hugs the Iranian coast through the strait, the data showed.

US President Donald Trump will visit China from May 13 to 15, Beijing confirmed on Monday. The two leaders are expected to discuss trade and situation in Iran. Trump seeks to pressure Chinese President Xi Jinpingon Iran while aiming to ease trade tensions, according to US officials, AFP reported.

"At the invitation of President Xi Jinping, President of the United States of America Donald J. Trump will pay a state visit to China from May 13 to 15," a Chinese foreign ministry spokesperson said.

US Iran war news LIVE: Israeli Prime Minister Benjamin Netanyahu said he wants US financial support for Israel’s military to end over the next decade.

“I want to draw down the American support for Israel to zero,” he said in an interview on CBS’s 60 Minutes that aired on Sunday. “We’ve come of age.”

He added, “I think that it’s time that we weaned ourselves from the remaining military support and go from aid to partnership.”

The US currently gives Israel $3.8 billion every year in military assistance under a 10-year agreement negotiated during the Obama administration, which remains in place until 2028.

US Iran war news LIVE: Inside Iran's response to US proposal

The response also called for the US office of foreign assets control (OFAC) to lift sanctions on Iranian oil sales for a 30-day period, along with an end to the naval blockade on Iran, as per the report.

Iran’s demands also include “Iranian management of the Strait of Hormuz if certain commitments are undertaken by the US”, the source told the news agency. However, they did not specify what those commitments would involve.

The news agency also cited the source as saying that Iran’s proposal calls for an end to the war across all fronts.

The proposed deal reportedly includes a 30-day negotiation period after the fighting ends to work out further details, Hezbollah-affiliated Al Mayadeen reported, citing sources.

It also mentioned that talks between Tehran and Washington will continue in written form through the Pakistani mediator for the time being, as per the report.

Meanwhile, the Wall Street Journal reported, citing people familiar with the matter, that Iran had expressed willingness to pause uranium enrichment for a shorter duration than the 20-year suspension proposed by the US. However, Tehran rejected any move to dismantle its nuclear facilities.

US Iran war news LIVE: An Iranian proposal delivered to the United States through mediator Pakistan called for demands for compensation for war-related damage and recognition of the Islamic Republic’s sovereignty over the Strait of Hormuz,local media reported.

Inside Iran's response to US peace proposal

In its response to the US peace proposal, Iran called for an immediate halt to the war and demanded a guarantee that no fresh attacks will be launched against the Islamic Republic, Tasnim reported.

It also demanded compensation for war-related damage and recognition of the Islamic Republic’s sovereignty over the Strait of Hormuz, Iran’s state broadcaster IRIB reported.

US Iran war news LIVE: Iran responded to Washington’s latest peace proposal earlier in the day, while warning that it would retaliate against any fresh US strikes and would not allow more foreign warships in the Strait of Hormuz.

Despite ongoing behind-the-scenes diplomacy, Tehran continued to publicly maintain a defiant stance.

"We will never bow down to the enemy, and if there is talk of dialogue or negotiation, it does not mean surrender or retreat," Iranian President Masoud Pezeshkian said on X on Sunday.

US Iran war news LIVE: Israeli Prime Minister Benjamin Netanyahu on Sunday said there is “work to be done” in Iran as he acknowledged that Iran still possesses the capabilities it had at the start of the war. “Now, we’ve degraded a lot of it, but all of that is still there. and there’s work to be done,” Netanyahu said in an interview with CBS ‘60 Minutes.’

“I’m not going to talk about military means, but what President Trump has said to me – ‘I want to go in there’ – and I think it can be done physically,” he said. “That’s not the problem. If you have an agreement, and you go in and you take it out. Why not? That’s the best way.”

US Iran war news LIVE: Peace talks between Iran and the US stalled once again as US President Donald Trump on Sunday rejected Tehran’s response to his proposal calling it “totally unacceptable.” Taking to Truth Social, Trump said he “doesn’t like it.”

“I have just read the response from Iran’s so-called “Representatives.” I don’t like it.”

Iran sent its response to the latest US proposal on Sunday morning through Pakistan, who has come up to be the main mediator between the two nations. The details of the response were not revealed.