President Donald Trump called Iran’s counter‑proposal “unacceptable” and said the U.S. will not rush any action on Iran.
The United Kingdom announced a £115 million ($155.5 million) contribution of drones, jets and a warship to secure the Strait of Hormuz.
Brent crude futures rose 3% to $107.30 per barrel, well above pre‑war levels of about $70, stoking inflation worries.