Iran Rejects US Peace Plan in Blow to Efforts to End War

WATCH: Bloomberg’s Laura Davison reports on the latest developments.Source: Bloomberg

Iran said it rejectedBloomberg Terminal a US ceasefire proposal and maintained attacks on Israel and Gulf Arab states, delivering a blow to Washington’s efforts to end a war that’s wreaked havoc across the Middle East and global markets.

A move by US President Donald Trump to start indirect talks is illogical and not viable at this stage of the conflict, Iran’s semi-official Fars news agency reported on Wednesday, citing sources it didn’t identify.