U.S. President Donald Trump said on Saturday (May 2, 2026) he was going to review a new Iranian peace proposal but cast doubt over its prospects, as a senior military officer in Tehran indicated renewed fighting was “likely.”

The dour outlook came after Iran’s Tasnim and Fars news agencies said Tehran had submitted a 14-point proposal to mediator Pakistan. Details included ending the conflict on all fronts and enacting a new framework for the crucial Strait of Hormuz, Tasnim said.