President Donald Trump described his ceasefire with Iran as being on “life support” on Monday after rejecting a proposal from Tehran over the weekend.
Although Trump was adamant that the ceasefire remains in place, he called it “unbelievably weak.”
“I would call it the weakest right now, after reading a piece of garbage — I didn’t even finish reading it,” Trump said Monday at the White House of Iran’s weekend counteroffer. “I would say the ceasefire is on massive life support, where the doctor walks in and says, ‘Sir, your loved one has approximately a 1% chance of living.”
Trump dismissed Iran’s counterproposal on Sunday as “totally unacceptable.”
Iranian Foreign Ministry spokesman Esmail Baghaei told reporters on the weekend that Tehran’s counteroffer included a demand that the United States stop “maritime piracy against Iranian ships” and release “assets belonging to the Iranian people which have been unjustly frozen for years in foreign banks due to American pressure.”
Iran also wanted “safe passage through the Strait of Hormuz” and “security and peace throughout the region, including Lebanon,” according to Baghaei.
In turn, Trump has sought, among other things, that Iran end its nuclear weapons program and that its stockpile of highly enriched uranium be removed from the country.
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Trump’s rejection of Tehran’s counterproposal has created more uncertainty about the war, particularly for oil markets.
Oil prices increased on Monday, with a barrel costing $103 using the Brent Crude international benchmark.