Iran war briefing: Tehran mulls US peace plan after Israel attacks Lebanon

WorldPolitics
7 May 2026 • 3:26 PM MYT
The Independent
The Independent

The world’s most free-thinking newspaper

Iran war briefing: Tehran mulls US peace plan after Israel attacks Lebanon

  • Donald Trump stated the war with Iran would "be over quickly" as Tehran reviewed a new US peace proposal, despite no final deal being reached.
  • The US proposal aims to end the conflict, but significant disagreements persist regarding Iran's nuclear programme and the reopening of the Strait of Hormuz.
  • Israel launched air strikes on Beirut for the first time since the 16 April ceasefire, targeting a Hezbollah commander, and also struck southern and eastern Lebanon, resulting in at least 13 fatalities.
  • Iran denied responsibility for an explosion on a South Korean vessel in the Strait of Hormuz, an incident Trump attributed to Iran, leading to heightened security in the waterway.
  • Hopes for a deal to reopen the Strait of Hormuz led to falling oil prices and surging Asian stock markets, though Iranian lawmakers voiced scepticism about the US proposal.

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