US Proposes Ceasefire, Iran Dismisses; Oil Prices Surge

0:00From across Europe, powered by AI, this is Europe News Today. I'm Cory with the story. The United States has delivered a 15-point ceasefire proposal to Iran through Pakistani intermediaries, offering sanctions, relief, civilian, nuclear cooperation, and limits on Iran's nuclear program and missiles. This comes as the war enters its second month, with the U.S. also deploying around thousand troops from the 82nd Airborne Division to the Middle East to support Marines already in route. Iran quickly dismissed the plan, with military leaders mocking the effort and launching fresh attacks on Israel and Gulf targets, including drones. That sparked a fire at Kuwait International Airport. Pakistan has offered to host talks, but Tehran shows no signs of backing down amid its control over the strait of Hormuz. Oil prices have surged nearly 40 percent since the conflict began on February 28, peaking near $120 a barrel. Before easing just below 100, on ceasefire rumors, global markets remain jittery over threats

1:04to energy supplies as a fifth of the world's oil passes through that vital waterway. President Trump insists negotiations are underway, involving top officials like his special envoy, Secretary of State, and Vice President, claiming, the other side wants a deal. Israel expressed a prize at the U.S. move and ramped up its own strikes on Iranian infrastructure, while Gulf nations like Saudi Arabia and Bahrain, fend off drones and missiles. Tensions persist with no clear path forward, as mutual distrust and clashing demands over Iran's missiles and nukes loom large over any potential. Talks