-
ExxonMobil CEO sees chance of higher oil prices as earnings dip
-
Leclerc on top for Ferrari ahead of Verstappen and Piastri
-
After Madonna and Lady Gaga, Shakira set for Rio beach mega-gig
-
Trump says will raise US tariffs on EU cars, trucks to 25%
-
Godon raises game to take Romandie stage and revenge over leader Pogacar
-
Celtic's O'Neill expects no let-up from Hibs despite fans' feelings
-
Pope names former undocumented migrant as US bishop
-
Javelin star Kitaguchi teams up with Czech legend Zelezny
-
Sawe sub-2hr marathon captured 'global imagination' says Coe
-
King Charles gets warm welcome in Bermuda after whirlwind US visit
-
Sinner shines to beat Fils, reach Madrid Open final
-
UK court clears comedy writer of damaging transgender activist's phone
-
Was LIV Golf an expensive failure for Saudis? Not everyone thinks so
-
Coe hails IOC gender testing decision
-
McInnes wants Tynecastle in 'full glory' for Hearts title charge
-
McFarlane says troubled Chelsea still attractive to potential managers
-
Man Utd boss Carrick relishes 'special' Liverpool rivalry
-
Baguettes take centre stage on France's Labour Day
-
Spurs must banish 'loser' mentality despite injury woes, says De Zerbi
-
Arsenal must manage emotions of title race says Arteta
-
Nepal temple celebrates return of stolen Buddha statue
-
US Fed official says rate hikes may be needed if inflation surges
-
Fixture pile-up no excuse for Man City in title race: Guardiola
-
Iran offers new proposal amid stalled US peace talks
-
Gulf countries' plans to bypass Hormuz still far off, experts warn
-
Luis Enrique says 'unique' PSG-Bayern first leg could have gone either way
-
Rebels take key military camp in Mali's north
-
Activists on Gaza aid flotilla seized by Israeli forces disembark in Crete
-
Turkish police fire tear gas, arrest hundreds at Istanbul May Day rallies
-
French hub monitors Hormuz tensions from afar
-
Flick happy Raphinha back for Barca with title in sight
-
UN troubled by rejected appeal of Cambodian opposition leader
-
Activists on Gaza aid flotilla detained by Israel disembark in Crete
-
Suspect appears in UK court charged with attacking two Jewish men
-
Oil steady after wild swing, stocks diverge in thin trading
-
Lufthansa says searching for Oscar lost after US airport security row
-
Howe says Saudi backers are fully behind Newcastle
-
Chinese swimmer Sun Yang reports cyberbullying to police
-
Salah 'deserves big send-off', says Liverpool boss Slot
-
UK police charge man with stabbing attack on two Jewish Londoners
-
Solomon Islands leader loses court appeal, must face no confidence vote
-
Former world skating champion Uno joins pro eSports team
-
Japan baseball umpire hit by bat still unconscious two weeks on
-
Nakatani says won't be intimidated in sold-out Inoue title clash
-
T-Wolves eliminate Nuggets as Knicks demolish Hawks in NBA playoffs
-
Timberwolves eliminate Jokic's Nuggets from NBA playoffs
-
Iran activates air defences as Trump faces congressional deadline
-
Arsenal seek to ramp up heat on Man City in title race
-
PSG closing in on another French title before Bayern second leg
-
Espanyol must stop rot against Real Madrid as Barca eye title
Trump says 'not satisfied' with new Iran proposal
US President Donald Trump said Friday that he was "not satisfied" with a new Iranian negotiating proposal, with peace talks between the two sides frozen despite a weeks-long ceasefire.
Iran delivered the text of the proposal to mediator Pakistan on Thursday evening, the IRNA news agency reported, without offering details as to its contents.
"At this moment I'm not satisfied with what they're offering," Trump told reporters, laying blame for the stalled talks with Iran due to "tremendous discord" within its leadership.
"Do we want to go and just blast the hell out of them and finish them forever -- or do we want to try and make a deal? I mean, those are the options," he said when asked about next steps, adding he would "prefer not" to take the first option "on a human basis".
The war, launched by the United States and Israel with a wave of surprise strikes on February 28, has been on hold since April 8, but only one failed round of direct talks has taken place between Iranian and US representatives.
In the meantime, Iran has maintained its stranglehold on the Strait of Hormuz, cutting off vast amounts of oil, gas and fertiliser from the world economy, while the US has imposed a counterblockade on Iranian ports.
Despite the failure to negotiate an end to the war, the ceasefire has held. On Friday, judiciary chief Gholamhossein Mohseni Ejei said "the Islamic Republic has never shied away from negotiations".
But he added in a video shared by the judiciary's Mizan Online website, "we certainly do not accept imposition" -- though Tehran did not want a return to war.
- 'Stuck in purgatory' -
The White House has declined to comment on the details of the new Iranian proposal.
But the news site Axios reported that US envoy Steve Witkoff earlier this week had submitted amendments to a previous proposal seeking to reinject the issue of Tehran's nuclear programme into the negotiations.
Citing a source familiar with the matter, Axios said they included a demand that Iran not try to move enriched uranium out of sites bombed during a brief war last year, or resume any activity there while talks continue.
Optimism after news of the Iranian proposal sent oil prices falling by nearly five percent for US benchmark West Texas Intermediate.
However, prices are still roughly 50 percent above their prewar levels as traders confront the prolonged closure of Hormuz.
An EU official told AFP that the bloc's foreign affairs chief Kaja Kallas had spoken with Iran's top diplomat Abbas Araghchi by phone Friday about diplomatic efforts to reopen the strait.
Tehran resident Amir told Paris-based AFP journalists that the current stalemate in talks "feels like we are stuck in purgatory".
Still, the 40-year-old held out little hope for the new proposal.
"This is all to waste time," he said, predicting the US and Israel "will attack again".
- War powers debate -
Washington, meanwhile, was gripped by a legalistic debate over whether Trump had passed a deadline for requesting congressional approval for his war with Iran.
Administration officials have insisted that the ceasefire means the clock is paused on a 60-day deadline requiring the president to seek war powers authorisation from Congress.
Trump echoed that rationale on Friday, insisting the United States was "in the midst of a big victory".
Trump is under increasing domestic pressure over the war, with inflation spiking, no clear victory in sight and midterm elections due in November.
In Iran, meanwhile, the economic consequences of the war, which come on top of years of fierce international sanctions, were beginning to bite.
The US imposed new sanctions Friday on three Iranian foreign currency exchange firms, while the Treasury warned others that paying a "toll" to Tehran for safe passage through the Strait of Hormuz could trigger sanctions as well.
On Thursday, the US military said its blockade had stopped Iran from exporting $6 billion worth of oil, while inflation has risen past 50 percent in recent weeks.
"For many people, paying rent and even buying food has become difficult, and some have nothing left at all," 28-year-old Mahyar told an AFP reporter based outside Iran.
- Hormuz missions -
Trump has repeatedly lashed out at Washington's international allies for failing to join efforts to reopen the Strait of Hormuz.
France and Britain have led efforts to bring together an international coalition of dozens of countries that would help reopen the strait, but only once peace is secured.
But on Thursday, a US official confirmed to AFP that Washington was launching its own international coalition to restart shipping.
That prompted French Foreign Minister Jean-Noel Barrot to insist that the US mission was "not of the same nature as the one we established", and would instead serve as "a sort of complement" to it.
Meanwhile, the USS Gerald R. Ford aircraft carrier has left the Middle East after taking part in operations against Iran, a US official said Friday, though two other carriers remain.
J.Gomez--AT