Iran vows to fight on as Trump calls latest peace proposal "unacceptable"

Live Live Updates: Iran vows to fight on, oil prices surge as Trump rejects peace proposal as "unacceptable" By Frank Andrews Frank Andrews Journalist Frank Andrews is a CBS News journalist based in London. Read Full Bio Frank Andrews May 11, 2026 / 6:57 AM EDT / CBS News Add CBS News on Google What to know about the Iran war today:The Iranian government insists it demanded only the country's "legitimate rights" and no "concessions" in its response to the latest U.S. peace proposal. President Trump has rejected Iran's reply as "totally unacceptable."  Oil prices surged again Monday after Mr Trump's dismissal of the Iranian counter-proposal, with international benchmark Brent crude topping $100 a barrel in early trading.Mr. Trump is expected to encourage China to pressure Iran into making a deal to end the costly war during his visit to Beijing later this week, when he will meet with President Xi Jinping. New Updates   1m ago Iranian president says nation will "never bow down to the enemy" Iranian ‌President Masoud ⁠Pezeshkian said Sunday that the country would "never bow down to the enemy," vowing that the ruling Islamic Republic regime would "defend national interests with strength.""If talk of dialogue or negotiation arises, it does not mean surrender or retreat," he said in a message posted on social media before President Trump rejected Iran's response to the latest U.S. peace proposal. "The goal is to uphold the rights of the Iranian nation and to defend national interests with resolute strength," said Pezeshkian. By Frank Andrews https://www.cbsnews.com/live-updates/iran-war-trump-oil-prices-peace-proposal-unacceptable/#post-update-867c9cc7 link copied   1m ago Iran will "fight whenever it is necessary," vows foreign ministry spokesperson Iran is prepared to fight "whenever it is necessary," foreign ministry spokesperson Esmail Baqaei said Monday, adding that the regime would also continue using diplomacy, "whenever we deem it ap...