U.S. President Donald Trump has dismissed a peace proposal from Iran, calling it 'totally unacceptable.' The offer, aimed at ending a two-month-old conflict involving the United States and Israel, was reportedly not satisfactory to the administration.
Trump's stance suggests a potential delay in de-escalating the regional tensions, which have already drawn significant global attention.
Markets have shown sensitivity to developments in the Middle East, with investors for signs of volatility.
The rejection of the peace offer may lead to further uncertainty, particularly in energy and equity markets, where geopolitical risks often have a direct impact.
The ongoing conflict has already influenced oil prices and investor sentiment.
With Trump indicating a lack of urgency in reaching a deal, the situation could remain unresolved for the foreseeable future.