- Donald Trump expressed he was “not happy” with Iran's latest negotiation proposal, presenting an ultimatum of either military action or a deal.
- The US president's comments follow Iran's statement that it is open to diplomacy if the US alters its demands and rhetoric.
- Iran warned of “long and painful strikes” in response to any US attack, despite submitting a new proposal for talks.
- Global oil prices saw a 0.4 per cent decrease after news of Tehran's new proposal, though Iran cautioned against expecting swift outcomes.
- Details of Iran's proposal were not disclosed by its IRNA news agency, with previous attempts to separate the nuclear dispute from the agenda.
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