Trump says Iran has 'not yet paid a big enough price' as he reviews new peace proposal

Key Points:

• US President Donald Trump is reviewing a new 14-point proposal from Iran aimed at ending the war but expressed skepticism about its acceptability, citing Iran's insufficient accountability over 47 years of actions against humanity and the world.
• The proposal was reportedly sent via Pakistan in response to a nine-point US plan, with Pakistan having hosted previous failed Iran-US negotiations; Iran's state media have not publicly reported on this latest offer.
• Despite rejecting an earlier Iranian proposal, dialogue continues amid a fragile three-week ceasefire, while Trump also proposed reopening the strategically vital Strait of Hormuz, currently closed since the US-Israeli conflict began.
• Iran has suggested allowing vessels to pay fees for secure passage through the Strait of Hormuz, but the US has warned shipping companies against such payments, threatening sanctions and reinforcing a naval blockade that has forced about 50 vessels to turn back.
• Trump claims the naval blockade is inflicting economic losses of approximately $500 million daily on Iran, exacerbating the country's already weakened economy under longstanding US and international sanctions related to its nuclear program and human rights issues.