Washington, May 11—Seventy-one days into the U.S.-Iran war, the White House is bracing for Tehran's response to a fresh peace proposal mediated through Qatar. President Donald Trump, speaking from the Oval Office this afternoon, hinted at imminent developments, stating, 'It could come any minute—let's see if they have the guts to end this madness.' The proposal, details of which remain classified, reportedly includes phased sanctions relief in exchange for Iran halting proxy attacks and Strait of Hormuz disruptions.

Secretary of State Marco Rubio's weekend huddle with Qatar's prime minister in Doha marked the latest in a series of backchannel efforts. U.S. Central Command confirmed strikes on three Iranian fast-attack vessels near the strait today, underscoring the high stakes. 'These aren't pinpricks; they're threats to global trade,' a Pentagon spokesperson said, noting that 20% of the world's oil transits the chokepoint daily.

The conflict, ignited by Iran's missile barrage on U.S. bases in October 2025, has already claimed over 1,200 American lives and displaced millions in the Gulf. Domestically, fuel prices have surged 40%, fueling inflation woes ahead of midterms. Critics like Sen. Bernie Sanders decry the war as 'endless adventurism,' while hawks such as Rep. Claudia Tenney praise Trump's resolve.

What happens next hinges on Iran's calculus. Supreme Leader Ali Khamenei faces internal dissent and economic collapse, with the rial in freefall. A positive response could pave the way for a Riyadh summit, but rejection risks U.S. escalation, potentially drawing in Hezbollah or the Houthis. Markets are jittery, with Brent crude hovering at $110 per barrel.