U.S. President Donald Trump has rejected Iran's latest peace plan offer, signaling dissatisfaction with the proposed terms to end the ongoing conflict with the United States and Israel.

The statement, reported by Axios, adds to the growing uncertainty around diplomatic efforts in the region.

Trump has also warned of intensified military action if a resolution is not reached, further heightening geopolitical tensions.

Trump has also warned of intensified military action if a resolution is not reached, further heightening geopolitical tensions.

Markets have reacted to the heightened risk of conflict, with energy prices and broader indices showing signs of volatility.

The U.S.-Iran standoff has long been a key driver of, particularly in energy and commodities sectors.

With Trump's latest comments, investors are recalibrating their expectations for potential disruptions in global trade and energy flows.