US-Iran war LIVE: Iran says US must accept proposal or face ‘failure’; Trump calls offer a ‘piece of garbage’ | World News

US-Iran war LIVE: It has been well over two months since the US and Israel bombed Iran, disrupted its leadership and killed thousands. Iran retaliated by striking US bases on the Gulf and closing the Strait of Hormuz, a vital oil artery.Several attempts have been made since then to bring an end the ongoing war. A fragile ceasefire, announced by US President Donald Trump in April, remains hanging by a thread. It has been followed by at least three rounds of negotiations mediated by Pakistan. Progress has been limited.Key developments:Military ops on the table? Donald Trump has grown frustrated by how Iranians are dealing with negotiations and the closure of Strait of Hormuz and is now more seriously considering a resumption of major combat operations than he has in recent weeks, CNN reported citing sources. The US president has also complained that Iran’s leaders “change their mind” when the two sides appear to reach points of agreement.Trump rejects Iran’s response to US proposal: Talks between the two nations remain halted after Trump called Iran’s response to its proposal “completely unacceptable”. He further labelled it as a “piece of garbage”, “weak,” adding that he didn’t even get to the end of it. Meanwhile, Iran says the United States must abandon its "one-sided approach" and accept Tehran's "legitimate demands," including ending the war, lifting blockades, halting maritime piracy, and releasing frozen Iranian assets.Iran’s “enrichment” warning: Iran could enrich uranium up to 90% purity, if the country is attacked once more, parliamentary national security and foreign policy commission spokesperson Ebrahim Rezaei said on Tuesday. “One of Iran's options in the event of another attack could be 90 percent enrichment. We will review it in the parliament,” Rezaei wrote on X.Pakistan denies allowing Iranian military aircraft at airbase: Pakistan on Tuesday rejected a CBS News report claiming Iranian military aircraft had been stationed in the country, calling the story “misleading and sensationalised. Pakistan further clarified that the Iranian aircraft “currently” parked in Pakistan arrived during the ceasefire period and “bear no linkage whatsoever to any military contingency or preservation arrangement.”Minister says India has no ‘supply shortage’: Minister of Petroleum and Natural Gas Hardeep Singh Puri on Tuesday said that there is no supply issue in India. Speaking at the CII Annual Business Summit in New Delhi, Puri said, “There is no supply issue, have 69 days of crude oil, LNG stock and 45 days of LPG stock." He added that LPG production has been ramped up from 35,000-36,000 tonnes/day to 54,000 tonnes amid West Asia conflictTrump’s visit to China tomorrow: Trump is scheduled to visit China tomorrow, a visit that comes after nearly nine years. It is expected that Trump might pressure Xi over the Iran war and opening of Hormuz as Beijing and Tehran hold closer relations. Ahead of their meeting, an advisor to Iran’s supreme leader warned that Trump should not mistake the current lack of fighting between the US and Iran as a victory.Reports suggest UAE attacked Iran: Despite rejecting any military involvement during the recent conflict in West Asia, the United Arab Emirates (UAE) reportedly carried out covert strikes on Iran, The Wall Street Journal reported, citing people familiar with the matter. According to the WSJ report, the UAE conducted attacks, including a strike on a refinery located on Iran's Lavan Island in the Persian Gulf, in early April, around the same time US President Donald Trump announced a ceasefire following a five-week military campaign against the Islamic Republic.Trump seeks to suspend federal gas tax: Trump on Monday told CBS news that he aims to suspend the federal gas tax "for a period of time." Gas prices have soared over 50% since the start of the Iran war on Feb. 28, and the blockade of Strait of Hormuz – the crucial waterway that transports about 20 per cent of the world's crude oil and gas."I think it's a great idea," the president said. "Yup, we're going to take off the gas tax for a period of time, and when gas goes down, we'll let it phase back in."