US President Donald Trump said on Saturday (May 2, 2026) that he was going to review a new Iranian peace proposal, but cast doubt on its prospects, as a senior military official in Tehran indicated that renewed fighting was “likely”. The gloomy outlook came after Iran’s Tasnim and Fars news agencies said Tehran had submitted a 14-point proposal to mediator Pakistan.

The details include ending conflict on all fronts and creating a new framework for the vital Strait of Hormuz, Tasnim said.