Ceasefire hangs in the balance as Iran sends peace proposal to mediators

CNN:

As the stalemate between Washington and Tehran drags on and the world waits in hope of a deal, the very real possibility of an alternate outcome – the resumption of war – looms overhead.

The clock was already ticking down on Friday to an anticipated deadline for Pakistan to receive Iran’s revised peace proposal, after US President Donald Trump rejected a previous version. Later in the day sources familiar with the process said Iran had sent a fresh proposal to negotiators.

Mediators in Islamabad believe a fair deal is within reach, according to the sources. And as they worked tirelessly to get an agreement, the US and Iran both doubled down on their threats and taunts.

As recently as Wednesday – the earliest day Tehran was expected to respond – Trump posted a mocked-up image of himself holding a gun on Truth Social, telling Iranian leaders to “get their act together.”