Iran has warned it would launch a “heavy assault” on US
assets in the Middle East if its ships face further attacks, as the US awaits
response from the country on proposal to end war.
The two sides have traded strikes surrounding the Strait of
Hormuz in recent days.
US officials said Friday that they were awaiting a response
from Tehran on a proposal to end the war, as the ceasefire has yet to yield a
major breakthrough on a long-term peace deal.
Meanwhile, US special envoy Steve Witkoff and Secretary of State Marco Rubio
met with Qatar’s prime minister in Miami.
In Lebanon, Israel and Iran-backed Hezbollah continue to
exchange fire despite a ceasefire agreement that was intended to pave the way
for peace talks.
In the meantime, the average price of gas remains well over
a dollar higher than this time last year, as consumer sentiment continued to
decline.