Trump Weighs ‘Massive Attack’ as Iran Rejects Cease-Fire Proposal ...Middle East

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A giant banner depicting symbolic images of Iran's late and current Supreme Leaders, Ayatollah Ali Khamenei and Ayatollah Mojtaba Khamenei, is displayed on an avenue in Tehran, Iran, on July 16, 2026. —Morteza Nikoubazl—NurPhoto/Getty Images

On Thursday, President Donald Trump told Axios that he is weighing restarting major combat operations in Iran. Trump said he could carry out even larger strikes than the Operation Epic Fury strikes that killed dozens of Iranian leaders and started the war on Feb. 28.

Trump also said that Iran is “not ready” to make a deal and that its leaders “have some evil intentions.” Trump’s remarks came after Iran reportedly rejected a 15-point cease-fire proposal from the U.S. that was delivered by Iraq on Wednesday.

“They haven’t received enough pain yet,” Trump told Axios.

Days after the MOU was signed, Iran resumed attacks on commercial ships in the Strait. The U.S. retaliated with strikes on Iran. The U.S. has escalated its attacks since, carrying out daily strikes on Iran for the past two weeks. Trump has also repeated his threats to attack Iran’s civil infrastructure, including power plants and bridges, and to “wipe out” Iran’s Revolutionary Guards, while Iran has vowed to avenge the death of its Supreme Leader Ayatollah Ali Khamenei.

Tensions have escalated in recent days after Iran-backed Houthi rebels in Yemen began attacking Saudi ships in the Red Sea, threatening to disrupt another maritime chokepoint. If shipping through the Bab-el-Mandeb Strait in the Red Sea halts, the world could face more economic pain. Already, Brent crude topped $100 a barrel on Thursday for the first time since May, and could climb further if the conflict continues to escalate. Trump warned on Thursday that “the U.S. will hold Iran responsible” for any further Houthi attacks, and that “major military punishment will be inflicted upon Iran and, of course, the Houthis, themselves.”

Butting heads

Iraqi Prime Minister Ali al-Zaidi visited Tehran on Thursday and was expected to convey the U.S. position after he visited the White House last week. But U.S.-Iran negotiations seem off the table for now.

Israel has also continued attacks on Lebanon despite multiple U.S.-brokered cease-fire agreements. More than 4,000 people in Lebanon have been killed by Israel since March 2, according to the Lebanese Health Ministry. Analysts previously told TIME that Israel’s attacks could stand in the way of any longstanding peace with Iran, as Iran has repeatedly said any cease-fire deal must include Lebanon.

Araghchi said on Friday that “seizing another nation’s assets to pay for unrelated future claims is an incendiary precedent.”

“Ensuing chaos will not be pretty or peaceful,” he added.

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