Trump rejects Iran's response to US peace proposal as 'unacceptable'

President Donald Trump's swift rejection of Iran's response to a U.S. peace proposal ​sent oil prices surging higher on Monday amid concerns the 10-week-old conflict will drag on, keeping shipping through the Strait of Hormuz paralyzed.
Days ‌after the U.S. floated an offer in the hopes of re-opening negotiations, Iran on Sunday released a response focused on ending the war on all fronts, especially Lebanon, where U.S. ally Israel is fighting Iran-backed Hezbollah militants. Tehran also included a demand for compensation for war damages and emphasized Iranian sovereignty over the Strait of Hormuz, Iranian state TV said.

It also called on the U.S. to ​end its naval blockade, guarantee no further attacks, lift sanctions and end a U.S. ban on Iranian oil sales, the semi-official Tasnim news agency said.
Within ​hours, Trump dismissed Iran's proposal with a post on social media.
"I don’t like it — TOTALLY UNACCEPTABLE," Trump wrote on Truth Social, ⁠without giving further detail.
The U.S. had proposed an end to fighting before starting talks on more contentious issues, including Iran's nuclear program.