President Donald Trump and Israeli Prime Minister Benjamin Netanyahu have indicated that the conflict with Iran may not be over, despite previous statements suggesting a ceasefire.

Context

The situation remains tense as Trump dismissed Iran's proposal for peace, leading to a rise in oil prices.S2S3

Key points

• Trump and Netanyahu did not rule out renewed combat in recent interviews.S1

• Trump labeled Iran's peace proposal as "totally unacceptable."S3

• Iran's response to U.S. proposals was communicated through Pakistan.S2

• The fragile ceasefire has faced challenges, including Iranian strikes across the Gulf.S3

• Oil prices increased following Trump's rejection of Iran's proposal.S2

• The U.S. administration previously suggested that the war had run its course.S1

• Iran called for an immediate end to the conflict and guarantees against further attacks.S2

• Tensions remain high as both sides continue to exchange hostile rhetoric.S1S3

Why it matters

• The rejection of Iran's peace proposal could prolong the conflict, impacting regional stability.S3

• Rising oil prices may affect global markets and economies dependent on oil imports.S2

• Continued military engagement could lead to further casualties and humanitarian crises in the region.S1

What to watch

• Monitor developments in U.S.-Iran relations, particularly any new proposals for peace.S2

• Watch for reactions from other countries involved in the region, especially those mediating the conflict.S2

• Keep an eye on oil market fluctuations in response to ongoing tensions.S2