Iran, US-Israel War Iran officially responded to the latest US cease-fire proposal, but US President Donald Trump called the reply “totally unacceptable.”
“I have just read the response from Iran’s so-called ‘Representatives.’ I don’t like it,” Trump posted on social media.
US-Iran war — Here are the latest developments on May 11
- US Energy Secretary Chris Wright said the Trump administration is open to temporarily pausing the federal gas tax to help Americans cope with soaring fuel prices triggered by the Iran conflict.
- Trump reacted sharply after Iranian officials, through Pakistani mediators, sent their response to Washington’s latest truce proposal. However, neither side revealed what was included in Tehran’s message.
- Negotiators are reportedly discussing a temporary 30-day arrangement that could pause hostilities further and reopen the Strait of Hormuz while both countries work toward a broader agreement.
- Israeli Prime Minister Benjamin Netanyahu said the conflict with Iran is “not over,” insisting Tehran must surrender enriched uranium and dismantle remaining nuclear facilities.
- Netanyahu added, Israel hopes to eventually reduce its reliance on US military aid, saying it is time to “wean” itself off remaining American support.
- The average US gasoline price has climbed to $4.52 per gallon following the Iran war, according to AAA. A pause in the federal gas tax could reduce prices by roughly 18 cents per gallon.
- Brent crude jumped over 3% to $104.50 a barrel, while US crude climbed above $98.
- The lack of a breakthrough in talks has complicated efforts to reopen the Strait of Hormuz while American forces continue enforcing a naval blockade on Iranian ports and vessels.
Oil surges over 3% as Trump says Iran ceasefire ‘on life support’
After Trump said that the ceasefire with Iran is on "life support", oil prices surged by more than 3%, leaving the Strait of Hormuz largely closed with no clear end in sight to the war.
Brent crude futures were up $3.17, or 3.13%, at $104.46 a barrel at 9.45 PM IST.
Trump calls Iran’s latest peace proposal 'stupid' and 'totally unacceptable'
US President Donald Trump criticised Iran’s latest peace proposal, calling it “a bad proposal, a stupid proposal” in n interview to CBS News. Asked what he found unacceptable about Tehran’s offer, Trump said it was “done by people that have no clue as to the danger they're in.” He added the proposal was “badly written, badly delivered” as tensions continued over negotiations to end the conflict. Trump had earlier publicly described Iran’s response as “totally unacceptable” amid a fragile ceasefire and continuing diplomatic contacts through Pakistan.
Trump claims Iran told US it would need to recover 'nuclear dust' from destroyed sites
President Donald Trump told Fox News that Iranian negotiators said the United States would have to retrieve “nuclear dust” from Iranian nuclear facilities destroyed in recent attacks. Trump claimed Iran no longer has the technological capability linked to its nuclear programme following the strikes on key facilities.
US President Donald Trump said Iran’s hardline leaders “are going to fold” as indirect negotiations between Washington and Tehran continue, reported Fox News. Asked about the status of talks, Trump said he would continue dealing with Iranian leaders “until they make a deal”.
Elon Musk to join US delegation during Trump’s China visit: Report
Elon Musk will join the US delegation accompanying President Donald Trump on his upcoming visit to China, Bloomberg reported.
Trump considers suspending federal gas tax as fuel prices surge
US President Donald Trump is considering suspending the federal gasoline tax amid rising fuel prices, according to CBS News. The federal tax currently adds about 18 cents per gallon to gasoline prices across the United States.
Trump weighs reviving ‘Project Freedom’ in Hormuz as US oil nears $100
President Donald Trump says he is considering reviving “Project Freedom” in the Strait of Hormuz, a US military operation designed to escort merchant ships through the strategic waterway. The operation was previously launched to help commercial vessels move safely through the Gulf amid escalating tensions with Iran.
Iran war disrupts the circuit board supply chain, raises costs for tech firms
The conflict in the Middle East has disrupted supplies of crucial raw materials and pushed up prices of the printed circuit boards (PCB) used in almost all electronic devices, from smartphones and computers to AI servers, industry sources and executives said. The disruption is a fresh blow to electronics manufacturers which are already grappling with soaring memory chip costs and highlights the broadening impact of the Iran war that has wreaked havoc on supply chains, plastics, and oil supplies, reported Reuters.
UK sanctions 12 linked to Iran over alleged hostile activities
The UK has imposed sanctions on 12 individuals and entities tied to Iran, claiming that they were involved in hostile operations, including alleged attack plots and financial support for groups accused of destabilising the UK and other countries. In a notice issued on Monday, the government outlined measures including asset freezes, travel bans and director disqualification orders.
Israel condemns EU sanctions on violent West Bank settlers
Israel’s FM Gideon Saar has criticised the European Union’s decision to impose sanctions on violent Israeli settlers in the occupied West Bank. “The European Union has chosen, in an arbitrary and political manner, to impose sanctions on Israeli citizens and entities because of their political views and without any basis,” Saar wrote in a post on X. He also defended Israeli settlement activity, saying: “Israel has stood, stands, and will continue to stand for the right of Jews to settle in the heart of our homeland.”
Aramco CEO warns Hormuz disruptions could wipe out 100 million oil barrels weekly
Saudi Aramco CEO Amin Nasser warned that continued disruption in the Strait of Hormuz could remove around 100 million barrels of oil from global markets every week. Nasser said if the current situation persists for several more weeks, market normalisation may not occur until next year.
Iran backs China’s 4-point ‘peace’ plan for Middle East
Abdolreza Rahmani Fazli, Iran’s ambassador to China, says Tehran has shown its readiness to support President Xi’s four-point proposal for peace in the Middle East. Iran’s support for the Chinese plan, Fazli wrote, is “aimed at establishing lasting security and shared development in the Persian Gulf region, an issue that was also emphasized during the meeting between the foreign ministers of the two countries”.
Millions risk hunger if fertiliser shipments stay blocked in Hormuz, UN official warns
A United Nations official has warned that tens of millions of people could face hunger if fertiliser shipments continue to be disrupted in the Strait of Hormuz, AFP reported.
2,869 people killed in Israeli attacks on Lebanon
Lebanon’s health ministry has announced that since the conflict began, at least 2,869 people have been killed in Israeli attacks. It added that a further 8,730 have been injured, reported Al Jazeera.
Iran war raises stakes for US and China ahead of Trump–Xi talks
The Iran war has strained US–Chinese ties further and looks set to dominate the May 14 to 15 summit between US President Donald Trump and his Chinese counterpart and host Xi Jinping in Beijing.
Second Qatari LNG tanker to cross Strait of Hormuz
A second Qatari LNG tanker is transiting the Strait of Hormuz days after the first such cargo crossed under an arrangement involving Iran and Pakistan, according to LSEG shipping data seen by the Reuters.
Iran, Saudi Arabia discuss diplomatic efforts to end war
Iran’s FM has spoken by phone to his Saudi counterpart to discuss current negotiation between Iran and the US, reported Al Jazeera.
Iran planned for US blockade's effect on oil sector, says minister
Iran's oil sector has faced some issues since the start of a US maritime blockade on Iranian ports, but the oil ministry has taken countermeasures, Iran's Oil Minister Mohsen Paknejad said on Monday to state TV, without specifying the measures. "During the 40 days of war, our production didn't decrease and the export process was favourable," Paknejad said. "Naturally, in the days following the (U.S.) blockade, we have faced challenges but measures were taken and this process continues" adding "the enemy is full of delusions."
Four killed in Israeli air attacks in Nabatieh: Report
Israeli air attacks in southern Lebanon have killed at least four more people and injured five. An air raid on the village of Abba, in Nabatieh, killed 78-year-old Najia Hassan Rammal and her 11-year-old grandson Fadl Wahab Tarhini, and destroyed their home, reported the country’s National News Agency.
Iran's President says Tehran ready for 'negotiations with dignity'
Iranian President Masoud Pezeshkian said Iran faces multiple possible paths in dealing with ongoing regional tensions, including negotiations conducted with "dignity" and "authority," while stressing that the country's military gains should be reinforced through diplomacy, according to Iranian Students' News Agency.
Turkey's foreign minister to visit Qatar for talks on Iran war
Turkish Foreign Minister Hakan Fidan will visit Qatar on Tuesday for talks on the Iran war, its impact on the Gulf and efforts to ensure navigational safety in the Strait of Hormuz, reported Reuters quoting a Turkish diplomatic source.
China says US sanctions over Iran ‘illegal, unilateral’: Report
China spoke against US sanctions, calling the curbs on three China-based companies, which the US claimed enabled Iran’s military operations, illegal and unilateral. “We have always required Chinese enterprises to conduct business in accordance with laws and regulations, and will firmly safeguard the legitimate rights and interests of Chinese enterprises,” spokesperson Guo Jiakun told Al Jazeera. “The pressing priority is to prevent by all means a relapse in fighting, rather than using the war to maliciously associate and smear other countries,” he added.
Iran’s FM likely to visit India for BRICS meeting
Iran’s foreign minister Abbas Araghchi is likely to visit India on May 14 for the BRICS foreign ministers’ meeting.
Stocks steady, dollar firms as US-Iran talks hit stalemate
Stocks flatlined, while the dollar strengthened on Monday as investors fretted that talks between the United States and Iran were at a stalemate, leaving the vital Strait of Hormuz virtually closed, which sent oil prices higher, reported Reuters.
Oil prices rose after President Trump rejected Iran's latest proposal to end the war, triggering heightened uncertainty linked to the Strait of Hormuz blockade.
Brent crude, the global oil benchmark, was up 3% to $105 a barrel. WTI, the US benchmark, rose 2.4% to $97.7 a barrel.
Iranian official says peace proposal was 'generous and responsible'
Iranian diplomat Esmail Baghaei said Iran's proposal to end the war with the US and open the Hormuz Strait again was a 'generous' demand.
“Demanding an end to the war, lifting the blockade and piracy, and releasing Iranian assets that have been unjustly frozen in banks due to US pressure,” he said.
“Safe passage through the Strait of Hormuz and establishing security in the region and Lebanon were other demands of Iran, which are considered a generous and responsible offer for regional security.”
South Korea condemns attack on cargo ship in Strait of Hormuz, vows response
According to a Reuters update, South Korea's presidential Blue House has 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.
Experts conducted an initial forensic analysis of the damage to the port stern, a Blue House official said. The attack had led to a fire in the vessel's engine room.
Namu, the vessel operated by the shipper HMM Co. , was not in violation of any rules in effect at the time in the waters off the United Arab Emirates and it was a case of an attack against a commercial vessel that cannot be justified, the official said.
Iran FM Baghaei slams 'unreasonable' US demands
Iranian foreign ministry spokesperson Esmail Baghaei said its proposal to the US "was not excessive". He added that the United States continued to have "unreasonable demands".
Israeli forces carried out a fresh wave of raids across the occupied West Bank early this morning, detaining more than a dozen Palestinians, according to the Wafa news agency.
In the Ramallah and el-Bireh area, two people were arrested during separate operations. In Qalqilya, troops detained a young man after raiding his home.
Further north in Tulkarem’s Artaah suburb, two young men were taken into custody during home raids, while in Hebron governorate, at least eight people were arrested in similar operations.
In the south, a 20-year-old man was detained from his home in al-Khader, a town located just south of Bethlehem.
Oil tanker crosses Strait of Hormuz via designated route
Iran’s semiofficial Tasnim News Agency says a Vietnam-bound oil tanker loaded with Iraqi crude has safely passed through the Strait of Hormuz using a route designated by Iran.
The report identifies the vessel as the Malta-flagged Agios Fanourios I, which is headed to Vietnam. It said the ship carried Iraqi oil and followed an approved passage through the strategic waterway.
This comes after Reuters reported that three oil tankers moved through the Strait with their tracking systems switched off, likely to avoid possible attacks. The reports said the vessels were carrying millions of barrels of crude, including shipments from Iraq and the UAE.
One of the tankers, Agios Fanourios I, and another vessel named Kiara M, both carrying Iraqi crude, were among those that exited the strait recently. A third tanker, Basrah Energy, also reportedly passed through after loading crude from Abu Dhabi’s Zirku terminal.