US-Iran War Live News Updates: Iran Demands War Compensation, Hormuz Sovereignty, US Sanctions Removal; Trump Rejects It

At the invitation of President Xi Jinping, President of the United States of America Donald J. Trump will pay a state visit to China from May 13 to 15: China MFA Spokesperson

— ANI (@ANI) May 11, 2026

Iran's deputy foreign minister warned against a planned French-British effort that aims to support maritime security in the Strait of Hormuz after hostilities are over.

"The presence of French and British vessels, or those of any other country, for any possible cooperation with illegal US actions in the Strait of Hormuz that violate international law will be met with a decisive and immediate response from the armed forces," Kazem Gharibabadi said on social media.

French President Emmanuel Macron responded by saying it won't be a military deployment but an international mission to secure shipping once conditions allow.

Saudi oil giant Aramco sees 25% jump in Q1 profit after shifting exports from Strait of Hormuz
Aramco. It said that the Q1 profit jumped 25% as the Iran war disrupted oil supplies and raised prices.

Dhahran, Saudi Arabia-based Aramco said it successfully shifted some oil exports to a pipeline to avoid the Strait of Hormuz, which has been disrupted by the war.

Details of Iran's response to the US plan, which Trump called unacceptable

• The necessity for the US to pay war damages to Iran.
• Recognition of Iran's sovereignty over the Strait of Hormuz.
• End of US sanctions.
• Release of Iran's blocked assets by the US.
   

🚨EXCLUSIVE
Details of Iran's response to the U.S plan, which Trump called unacceptable:

- The necessity for the U.S. to pay war damages to Iran.
- Recognition of Iran's sovereignty over the Strait of Hormuz.
- End of U.S. sanctions.
-Release of Iran's blocked assets by the U.S.

— IRIB (Islamic Republic of Iran Broadcasting) (@iribnews_irib) May 10, 2026

US President Donald Trump told Axios he had spoken with Israeli Prime Minister Benjamin Netanyahu and discussed the Iranian response, among other things. "It was a very nice call. We have a good relationship,” he said of Netanyahu, but he added that the Iran negotiations are "my situation, not everybody else’s."

Meanwhile, Republican Senator Lindsey Graham said Trump should now consider taking military action. "I appreciate President Trump’s earnest efforts to seek a diplomatic solution to change the behaviour of the Iranian terrorist regime,” he said in a post on X.

"However, between their constant attacks on international shipping, the persistent attacks on our Middle Eastern allies and now a totally unacceptable response to America’s diplomatic proposal, it is in my view, time to consider changing course," Graham said. "Project Freedom Plus sounds pretty good right about now," Graham said, referring to the naval operation to guide ships through the Strait of Hormuz that Trump abruptly suspended after less than 48 hours.

US President Donald Trump has rejected Iran’s proposal to end the months-long war as "totally unacceptable". "I have just read the response from Iran’s so-called ‘Representatives.’ I don’t like it — TOTALLY UNACCEPTABLE!” he wrote on his Truth Social platform on Sunday.

Earlier, Trump accused Tehran of playing games with the United States for nearly 50 years. "They will be laughing no longer!" he added. "I don’t like their letter. It’s inappropriate. I don’t like their response,” Trump told US media outlet Axios, declining to go into further details about what was in the Iranian response. "They have been tapping along many nations for 47 years," he said.