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EXCERPT:
Iran warned on Monday that its armed forces were prepared to “teach a lesson” to any aggressor after US President Donald Trump rejected Tehran’s latest counterproposal aimed at preserving the fragile Middle East ceasefire.The sharp exchange further raised tensions in the region and rattled global energy markets already strained by disruptions in the Strait of Hormuz, one of the world’s most critical oil shipping routes.Trump, speaking to reporters in Washington, said the ceasefire was on “massive life support” after dismissing Iran’s response to a US-backed proposal as “TOTALLY UNACCEPTABLE”.