Iran-US War Ceasefire Highlights: Trump says reviewing 14-point plan; Israel pounds Lebanon

A vehicle remains trapped amid the rubble of a destroyed building in the Lebanese town of Habboush, following Israeli strikes, Nabatieh Governorate, on May 2, 2026. (REUTERS) Iran-US-Israel War Ceasefire News Highlights: President Donald Trump said on Saturday that he was reviewing a new Iranian proposal to end the war.  “I’ll let you know about it later,” he said before boarding Air Force One, adding that “they’re going to give me the exact wording now.” Two semiofficial Iranian outlets, Tasnim and Fars, believed to be close to Iran’s paramilitary Revolutionary Guard, said Iran has sent a 14-point proposal via Pakistan in response to a nine-point US proposal. Trump rejected a previous Iranian proposal this week. However, conversations have continued, and the three-week ceasefire appears to be holding. Iran-US war ceasefire: Key developments today: Sanctions warning: The US Office of Foreign Assets Control (OFAC) alerted maritime firms that any payments to Iran—including “charitable donations” or embassy transfers—risk triggering sanctions, regardless of the payment method. Story continues below this ad The ‘nuclear shelf’ proposal: Tehran’s latest offer seeks to end the US blockade and reopen the Strait immediately, while pushing thorny nuclear discussions to a later date. President Trump, however, maintains he is “not satisfied” with the terms. Executions in Iran: Tensions spiked further as Tehran announced the hanging of two men convicted of spying for Israel’s Mossad, specifically regarding information on the Natanz nuclear facility. Economic toll: With a fifth of the world’s oil and gas trade stalled, global fuel shortages are intensifying. China has urged both sides to resume “good faith negotiations,” while placing the blame for the turmoil on US and Israeli military actions. Naval blockade: US Central Command reports that 45 commercial ships have been turned back since the American blockade began on April 13, aimed at starving the Iranian economy of oil revenue. Live Updates Stay updated with the latest - Click here to follow us on Instagram © IE Online Media Services Pvt Ltd Tags: donald trump Iran War Iran-Israel War Lebanon