Brief by Shorts91 Newsdesk / 08:53pm on 12 May 2026,Tuesday International
Donald Trump said the fragile US-Iran ceasefire is on “life support” after rejecting Tehran’s latest peace proposal as a “piece of garbage”, ahead of his upcoming visit to China. Rising tensions over the Strait of Hormuz and fears of renewed conflict continued to pressure global oil markets. Iran warned it could respond strongly to any future attack, while Pakistan denied reports that Iranian military aircraft were stationed at its airbases. India said it has enough crude oil and LPG reserves despite disruptions caused by the West Asia crisis. (PC: HT)