Trump rejects 'unacceptable' Iran response to peace plan, oil prices jump

[Dulcinea]

DUBAI/WASHINGTON, May 11 (Reuters) - President Donald Trump's swift rejection of Iran's response to a U.S. peace proposal sent oil prices surging 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 damage and emphasised 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.

https://www.yahoo.com/news/articles/trump-rejects-irans-response-us-013848822.html

[gab13by13]

1. The 1 page document is not a peace plan, that's a right wing talking point.

[chouchou]

2. Thanks Mr. President. People will start "Holding up" Gas Stations...

...not for the money,,just fuel.

In other not news. Baby Trump can't do his bullshit Deals, so he's on a tantrum..

[MadMike47]

3. When translated from Farsi to English, Iran's response read:

"Go shit in your MAGA hat!!!!"

[twodogsbarking]

4. If you are keeping score at home. Number of times the Strait has been opened 86; number of times we have won 47.

[GiqueCee]

5. Iran's claim to sovereignty over the Strait of Hormuz...

... ignores the internationally recognized limit of 12 nautical miles offshore for a nation's territorial waters. The Strait is roughly 30 miles wide at its narrowest point, so their claim to the entire strait is more than a little bit greedy. Their assumption of sovereignty would also run afoul of Oman's territorial waters, as well as those of the United Arab Emirates. They might want to walk that back a parsec or two if they want to maintain the support of their neighbors.