Iran defiant as Trump, Rubio say Tehran's latest peace proposal falls short
Iran is likely to send a revised proposal to end the war with the US within days, according to reports, after the US said Iran's latest proposal fell short because it did not include provisions preventing Tehran from obtaining a nuclear weapon. The Gulf Cooperation Council (GCC) has rejected Iran's actions to close the Strait of Hormuz and warned against any disruption to shipping or charging fees on tankers.
Iran is expected to send a revised proposal to the US within days to end the war, according to reports. Pakistani mediators will be involved in the process. The US had rejected Iran's latest proposal because it did not include provisions preventing Tehran from obtaining a nuclear weapon. Treasury Secretary Scott Bessent warned of severe consequences for financial institutions engaging with Iran's shadow banks. The Gulf Cooperation Council (GCC) rejected Iran's actions to close the Strait of Hormuz and called for restoring 'security and freedom of navigation' to prewar levels. The GCC also urged deeper military integration and a ballistic missile early warning system in the region.
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