US Iran War LIVE: Iran activates air defenses, claims report; Trump ‘not satisfied’ with latest proposal by Tehran

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US Iran War LIVE: The conflict, began by the United States and Israel through surprise attacks on February 28, has remained paused since April 8, with just one unsuccessful attempt at direct negotiations.

 US President Donald Trump speaks during an event at a charter school in The Villages, Fla., Friday, May 1, 2026. (AP Photo/Matt Rourke)US Iran War LIVE: US President Donald Trump speaks during an event at a charter school in The Villages, Fla., Friday, May 1, 2026. (AP Photo/Matt Rourke)(AP)

US Iran War LIVE: U.S. President Donald Trump said on Friday that he was dissatisfied with Iran’s latest proposal for negotiations over the ongoing conflict, while Iran’s foreign minister indicated that Tehran is open to diplomacy if Washington changes its stance.

US Iran War LIVE: what happened in the last few hours?

  1. "They want to make a deal, but ... I'm not satisfied with it," Trump told reporters at the White House, adding that the Iranian leadership was "very disjointed" and split into two or three groups, as reported by Reuters. "They're asking for things that I can't agree to," he said, adding that negotiations by phone were continuing.
  2. According to a report by Reuters, Iran has activated air defenses and plans a wide response if attacked, having assessed that there will be a short, intensive U.S. strike, possibly followed by an Israeli attack, two senior Iranian sources told Reuters on condition of anonymity.
  3. The price of oil slid after reports of Iran's latest talks proposal, but both West Texas Intermediate and the other main US benchmark, Brent, clawed back some ground and were trading comfortably above the symbolic $100 a barrel mark.
  4. The US Treasury Department slapped new sanctions on three Iranian foreign currency exchange firms to try to stem the flow of Tehran's "financial lifelines".
  5. Brent crude hovered around $108 per barrel, while West Texas Intermediate slipped roughly 3% to about $101 by early afternoon in New York. Trading activity remained subdued as investors scaled back positions, cautious about potential developments over the weekend.
  6. At the center of the standoff is the Strait of Hormuz, a crucial route that previously handled nearly one-fifth of global oil and LNG shipments. Both Iran and the United States appear to be holding off, each waiting for the other to take the first step toward easing restrictions on maritime traffic.

Get US Iran War LIVE Updates here on Mint!

2 May 2026, 05:53:08 AM IST

US Iran War LIVE: Trump's latest remark on Iran war

"They want to make a deal, but ... I'm not satisfied with it," Trump told reporters at the White House, adding that the Iranian leadership was "very disjointed" and split into two or three groups, as reported by Reuters. "They're asking for things that I can't agree to," he said, adding that negotiations by phone were continuing.

About the Author

Mausam Jha

Mausam Jha is a journalist who focuses on world affairs and politics. She provides clear, informative reporting with a good understanding of both global events and their local impact. <br><br> Her clear, accessible reporting on political and international issues makes her a trusted source of news and analysis. <br><br> For the past three years, Mausam has worked with Mint, covering national politics, IR—including elections—and global affairs.<br> Before joining her current role, she gained experience working with The Statesman, ANI, and Financial Express, where she honed her skills in political and international news. <br><br> She has consistently tracked key electoral battles, including US elections, Japan elections, policy debates, and strategic affairs, explaining how global currents, from great power competition to regional conflicts <br><br> Beyond journalism, Mausam has a deep engagement with international relations, diplomacy, war studies, terrorism, political history, and political theory. She is particularly interested in the intersection of statecraft and society on how governance, ideology, and institutions shape lived realities, and how politics shape today's world order. <br><br> An avid reader of classical literature and political thought, she constantly explores the connections between historical ideas and contemporary policy challenges.

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