President Donald Trump convened his national security team to discuss a proposal from Tehran aimed at ending a conflict that has entered its third month, according to a report from Bloomberg's Daybreak: US Edition podcast.
Meanwhile, late-night host Jimmy Kimmel defended himself after First Lady Melania Trump called for his firing over comments made at the White House Correspondents' Dinner. The exchange has escalated into a public dispute, drawing attention away from the administration's foreign policy deliberations.
The developments come amid rising tensions in the Middle East, with oil prices surging due to the ongoing Hormuz crisis. Goldman Sachs has raised its oil price forecasts as the situation continues to disrupt global energy markets.