Iran rejected the latest US peace proposal on Sunday, prompting a swift dismissal from Donald Trump, who called the response “TOTALLY UNACCEPTABLE!” on social media. The exchange marks another setback in efforts to ease tensions in the Persian Gulf, where disrupted shipping and rising energy prices continue to fuel global concern.

Trump calling Iran’s response ‘totally unacceptable’ isn’t surprising, but I wish he’d put more effort into actual diplomacy instead of just tweeting.
Iran rejecting the proposal is exactly what we expected. The real concern is how this affects shipping and global oil prices in the Gulf.
Of course Trump calls it unacceptable, but what’s his plan B? Just tweeting won’t lower energy prices or stop the disruptions in the Persian Gulf.
I’m tired of these social media outbursts. The peace proposal was a long shot anyway, given the history between the US and Iran.
Export-oriented economies are particularly exposed to shifts in global demand. (5b658d)
Rising energy prices are hurting everyone, and this latest rejection just shows we’re nowhere near a solution. Diplomacy needs to be taken seriously.
Trump’s ‘TOTALLY UNACCEPTABLE!’ response feels like a knee-jerk reaction. Maybe if the proposal had more incentives, Iran would have considered it.
The transition to electric vehicles is reshaping the entire automotive supply chain. (980b2e)