May 3, 2026 — As the joint US-Israeli war with Iran enters its tenth week, a bulk carrier near the Strait of Hormuz reported being attacked on Saturday, while Iran’s foreign ministry announced it is reviewing the United States’ response to its latest peace proposal.

Strait of Hormuz Attack

According to the Associated Press, a bulk carrier operating near the Strait of Hormuz reported being attacked on Saturday. The strait is one of the world’s most critical oil transit chokepoints, with approximately one-fifth of global oil consumption passing through it. The incident came just hours after Iranian Foreign Minister Baghaei issued a statement on the peace proposal, raising further concerns about shipping security in the region.

HuffPost reported earlier that the bulk carrier was attacked near the Strait of Hormuz as Iran floated a new peace proposal to end the war.

Iran’s 14-Point Peace Plan

Iranian Foreign Minister Baghaei said Saturday that Tehran is reviewing Washington’s latest response to its 14-point peace plan. He emphasized, “Our 14-point plan exclusively focuses on ending the war and contains no issues related to the nuclear domain.”

According to Iranian officials, the proposal would prioritize reopening the Strait of Hormuz before engaging in nuclear negotiations. However, US President Donald Trump has previously expressed skepticism about Iran’s plan. According to Israel’s Kan News, Trump told reporters he found the proposal “unacceptable.”

Israel Continues Strikes in Lebanon

As Trump voiced doubts about Iran’s latest peace proposal, Israeli forces continued expanding their military operations in Lebanon, USA Today reported. Israel’s campaign in Lebanon has persisted for weeks, causing significant casualties and infrastructure damage.

US Warns Shipping Companies

A day earlier, the United States warned shipping companies that they could face sanctions for paying Iranian “tolls” to pass through the Strait of Hormuz. The warning has added further tension to global maritime trade.

War Enters Tenth Week

The US-Irani conflict, which erupted in late February 2026, has now persisted for nearly ten weeks. The war has had a significant impact on global oil prices, driving jet fuel costs to surge and triggering a cascade of economic effects. Trump has previously stated he “prefers not to ‘blast the hell’ out of Iran” while maintaining strong military pressure.

The international community is closely monitoring the diplomatic efforts, hoping this round of negotiations could bring a turning point to the nearly three-month conflict.

Source: Associated Press, CNN, The Washington Post