Trump rejects new Iran peace offer as 'totally unacceptable'

María Paula Mijares Torres, Eltaf Najafizada and Jeff Mason, Bloomberg News on May 10, 2026

By clicking submit, I authorize Arcamax and its affiliates to: (1) use, sell, and share my information for marketing purposes, including cross-context behavioral advertising, as described in our Privacy Policy , (2) add to information that I provide with other information like interests inferred from web page views, or data lawfully obtained from data brokers, such as past purchase or location data, or publicly available data, (3) contact me or enable others to contact me by email or other means with offers for different types of goods and services, and (4) retain my information while I am engaging with marketing messages that I receive and for a reasonable amount of time thereafter. I understand I can opt out at any time through an email that I receive, or by clicking here

President Donald Trump labeled Iran’s latest response to his proposal to end the 10-week conflict with the U.S. as “TOTALLY UNACCEPTABLE” as the two sides continue to maintain a fragile ceasefire.

“I have just read the response from Iran’s so-called ‘Representatives,’” he said in a social media post. “I don’t like it.”

Iran offered to transfer some of its stockpile of highly enriched uranium to a third country, but rejected the idea of dismantling its nuclear facilities, the Wall Street Journal reported earlier. Iran disputed the report, according to Iran’s semi-official news agency Tasnim.

As a series of incidents continues to threaten a shaky ceasefire, it had been unclear whether the latest exchange of peace proposals from the two sides would offer a path to reopen the Strait of Hormuz.

Under its latest proposal, Iran would dilute some of its highly enriched uranium and have the rest sent to a third country, the paper said, citing people familiar with the response, but it also called for guarantees the transferred uranium would be returned if talks fail and ruled out dismantling its facilities.

Iran’s semi-official news agency Tasnim said the Journal’s reporting on proposals for handling nuclear material were “not true,” but didn’t elaborate. The statement focused on Iran’s desire for an immediate end to the war, a lifting of U.S. sanctions on oil sales, an end to the U.S. blockade of the Gulf of Oman and ultimately Iranian management of the strait.

Trump had proposed that Iran permit passage through the Strait of Hormuz and Washington end its blockade on Iranian ports in the next month, with nuclear talks to follow.

Israeli Prime Minister Benjamin Netanyahu also warned that the war is “not over.” In an interview airing Sunday on CBS’s 60 Minutes, he said there is more work needed to dismantle Iran’s nuclear capability and to remove its stockpile of highly enriched uranium.

Despite the ceasefire in place since April 8, a drone strike on Sunday briefly set a cargo vessel ablaze off Qatar in the Persian Gulf, marking the latest shipping attack in the region. The United Arab Emirates and Kuwait, both said Sunday they had intercepted hostile drones.

Earlier Sunday, Trump said Iran has been “playing games” with the U.S. and other countries. “For 47 years the Iranians have been ‘tapping’ us along, keeping us waiting, killing our people with their roadside bombs, destroying protests, and recently wiping out 42,000 innocent, unarmed protestors, and laughing at our now GREAT AGAIN Country,” he wrote in a social media post. “They will be laughing no longer!”

The conflict has killed thousands of people across the Middle East and upended oil and gas markets, with soaring fuel prices piling pressure on governments and consumers worldwide — including in the US ahead of November’s midterm elections.

Saudi Aramco, the world’s largest oil company, on Sunday warned it would take several months for the market to return to normal even if the Strait of Hormuz reopened immediately.

_____

(With assistance from Se Young Lee.)

_____