Iran war live: Trump says no ‘early’ end to war, unhappy with Tehran offer

Author: Lyndal Rowlands,Zsombor Peter,Heba HabibPublished on: May 2, 2026Country: United States

Politics

Iran war live: Trump says no ‘early’ end to war, unhappy with Tehran offer

The Trump administration is threatening to impose sanctions on individuals or entities attempting to transit the Strait of Hormuz by paying the Iranian toll. The US State Department announced new sanctions targeting several entities, including Qingdao Haiye Oil Terminal Co, Ltd., for their involvement in Iranian oil trade. President Trump stated he is 'not satisfied' with the latest Iranian proposal for peace talks, while Iranian Foreign Minister Abbas Araghchi expressed Tehran's readiness for diplomacy if the US changes its expansionist approach.

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