Trump rejects Iran's counteroffer to end war, insists on 'complete victory'

President Donald Trump on Monday said the ceasefire in the Middle East war was on “life support,” rejecting Iran’s latest counteroffer, which it said had included demands for the release of frozen assets and the end of a US blockade. The president’s reaction to Iran’s position — itself a response to a US proposal — sent oil prices soaring and dashed hopes that a deal could be quickly negotiated to reopen the Strait of Hormuz to commercial shipping....