Former U.S. President Donald Trump expressed skepticism about a new 14-point peace proposal from Iran, suggesting that the country has not yet 'paid a big enough price' for its past actions. The proposal was reportedly sent to the U.S. via Pakistan and includes demands for the withdrawal of U.S. forces from the region, lifting the blockade on the Strait of Hormuz, and the release of Iran's frozen assets. Trump rejected a previous Iranian proposal earlier in the week and indicated that military action against Iran remains a possibility if the situation escalates further. Meanwhile, tensions in the Strait of Hormuz, a vital oil shipping route, have intensified, with the U.S. warning shipping companies against making payments to Iran, which could lead to sanctions. The U.S. maintains a naval blockade of Iranian ports, significantly impacting Iran's oil revenues and contributing to rising global oil prices, which are currently about 50% above prewar levels. As diplomatic efforts continue, Iran's deputy foreign minister stated that the U.S. must choose between diplomacy and confrontation.