NZ Herald
  • Home
  • Latest news
  • Herald NOW
  • Video
  • New Zealand
  • Sport
  • World
  • Business
  • Entertainment
  • Podcasts
  • Quizzes
  • Opinion
  • Lifestyle
  • Travel
  • Viva
  • Weather

Subscriptions

  • Herald Premium
  • Viva Premium
  • The Listener
  • BusinessDesk

Sections

  • Latest news
  • New Zealand
    • All New Zealand
    • Crime
    • Politics
    • Education
    • Open Justice
    • Scam Update
    • The Great NZ Road Trip
  • Herald NOW
    • All Herald NOW
    • Ryan Bridge TODAY
    • Herald NOW Business
  • On The Up
  • World
    • All World
    • Australia
    • Asia
    • UK
    • United States
    • Middle East
    • Europe
    • Pacific
  • Business
    • All Business
    • MarketsSharesCurrencyCommoditiesStock TakesCrypto
    • Herald NOW Business
    • Media Insider
    • Business analysis
    • Personal financeKiwiSaverInterest ratesTaxInvestment
    • EconomyInflationGDPOfficial cash rateEmployment
    • Small business
    • Business reportsMood of the BoardroomProject AucklandSustainable business and financeCapital markets reportAgribusiness reportInfrastructure reportDynamic business
    • Deloitte Top 200 Awards
    • Deloitte Fast 50
    • Generate wealth weekly
    • CompaniesAged CareAgribusinessAirlinesBanking and financeConstructionEnergyFreight and logisticsHealthcareManufacturingMedia and MarketingRetailTelecommunicationsTourism
  • Opinion
    • All Opinion
    • Analysis
    • Editorials
    • Business analysis
    • Premium opinion
    • Letters to the editor
  • Politics
  • Sport
    • All Sport
    • OlympicsParalympics
    • RugbySuper RugbyNPCAll BlacksBlack FernsRugby sevensSchool rugby
    • CricketBlack CapsWhite Ferns
    • Racing
    • NetballSilver Ferns
    • LeagueWarriorsNRL
    • FootballWellington PhoenixAuckland FCAll WhitesFootball FernsEnglish Premier League
    • GolfNZ Open
    • MotorsportFormula 1
    • Boxing
    • UFC
    • BasketballNBABreakersTall BlacksTall Ferns
    • Tennis
    • Cycling
    • Athletics
    • SailingAmerica's CupSailGP
    • Rowing
  • Lifestyle
    • All Lifestyle
    • Viva - Food, fashion & beauty
    • Society Insider
    • Royals
    • Sex & relationships
    • Food & drinkRecipesRecipe collectionsRestaurant reviewsRestaurant bookings
    • Health & wellbeing
    • Fashion & beauty
    • Pets & animals
    • The Selection - Shop the trendsShop fashionShop beautyShop entertainmentShop giftsShop home & living
  • Entertainment
    • All Entertainment
    • TV
    • MoviesMovie reviews
    • MusicMusic reviews
    • BooksBook reviews
    • Culture
    • ReviewsBook reviewsMovie reviewsMusic reviewsRestaurant reviews
  • Travel
    • All Travel
    • News
    • New ZealandNorthlandAucklandWellingtonCanterburyOtago / QueenstownNelson-TasmanBest NZ beaches
    • International travelAustraliaPacific IslandsEuropeUKUSAAfricaAsia
    • Rail holidays
    • Cruise holidays
    • Ski holidays
    • Luxury travel
    • Adventure travel
  • Kāhu Māori news
  • Environment
    • All Environment
    • Our Green Future
  • Talanoa Pacific news
  • Property
    • All Property
    • Property Insider
    • Interest rates tracker
    • Residential property listings
    • Commercial property listings
  • Health
  • Technology
    • All Technology
    • AI
    • Social media
  • Rural
    • All Rural
    • Dairy farming
    • Sheep & beef farming
    • Horticulture
    • Animal health
    • Rural business
    • Rural life
    • Rural technology
    • Opinion
    • Audio & podcasts
  • Weather forecasts
    • All Weather forecasts
    • Kaitaia
    • Whangārei
    • Dargaville
    • Auckland
    • Thames
    • Tauranga
    • Hamilton
    • Whakatāne
    • Rotorua
    • Tokoroa
    • Te Kuiti
    • Taumaranui
    • Taupō
    • Gisborne
    • New Plymouth
    • Napier
    • Hastings
    • Dannevirke
    • Whanganui
    • Palmerston North
    • Levin
    • Paraparaumu
    • Masterton
    • Wellington
    • Motueka
    • Nelson
    • Blenheim
    • Westport
    • Reefton
    • Kaikōura
    • Greymouth
    • Hokitika
    • Christchurch
    • Ashburton
    • Timaru
    • Wānaka
    • Oamaru
    • Queenstown
    • Dunedin
    • Gore
    • Invercargill
  • Meet the journalists
  • Promotions & competitions
  • OneRoof property listings
  • Driven car news

Puzzles & Quizzes

  • Puzzles
    • All Puzzles
    • Sudoku
    • Code Cracker
    • Crosswords
    • Cryptic crossword
    • Wordsearch
  • Quizzes
    • All Quizzes
    • Morning quiz
    • Afternoon quiz
    • Sports quiz

Regions

  • Northland
    • All Northland
    • Far North
    • Kaitaia
    • Kerikeri
    • Kaikohe
    • Bay of Islands
    • Whangarei
    • Dargaville
    • Kaipara
    • Mangawhai
  • Auckland
  • Waikato
    • All Waikato
    • Hamilton
    • Coromandel & Hauraki
    • Matamata & Piako
    • Cambridge
    • Te Awamutu
    • Tokoroa & South Waikato
    • Taupō & Tūrangi
  • Bay of Plenty
    • All Bay of Plenty
    • Katikati
    • Tauranga
    • Mount Maunganui
    • Pāpāmoa
    • Te Puke
    • Whakatāne
  • Rotorua
  • Gisborne
  • Hawke's Bay
    • All Hawke's Bay
    • Napier
    • Hastings
    • Havelock North
    • Central Hawke's Bay
    • Wairoa
  • Taranaki
    • All Taranaki
    • Stratford
    • New Plymouth
    • Hāwera
  • Manawatū - Whanganui
    • All Manawatū - Whanganui
    • Whanganui
    • Palmerston North
    • Manawatū
    • Tararua
    • Horowhenua
  • Wellington
    • All Wellington
    • Kapiti
    • Wairarapa
    • Upper Hutt
    • Lower Hutt
  • Nelson & Tasman
    • All Nelson & Tasman
    • Motueka
    • Nelson
    • Tasman
  • Marlborough
  • West Coast
  • Canterbury
    • All Canterbury
    • Kaikōura
    • Christchurch
    • Ashburton
    • Timaru
  • Otago
    • All Otago
    • Oamaru
    • Dunedin
    • Balclutha
    • Alexandra
    • Queenstown
    • Wanaka
  • Southland
    • All Southland
    • Invercargill
    • Gore
    • Stewart Island

Media

  • Video
    • All Video
    • NZ news video
    • Herald NOW
    • Business news video
    • Politics news video
    • Sport video
    • World news video
    • Lifestyle video
    • Entertainment video
    • Travel video
    • Markets with Madison
    • Kea Kids news
  • Podcasts
    • All Podcasts
    • The Front Page
    • On the Tiles
    • Ask me Anything
    • The Little Things
  • Cartoons
  • Photo galleries
  • Today's Paper - E-editions
  • Photo sales
  • Classifieds

NZME Network

  • Advertise with NZME
  • OneRoof
  • Driven Car Guide
  • BusinessDesk
  • Newstalk ZB
  • Sunlive
  • ZM
  • The Hits
  • Coast
  • Radio Hauraki
  • The Alternative Commentary Collective
  • Gold
  • Flava
  • iHeart Radio
  • Hokonui
  • Radio Wanaka
  • iHeartCountry New Zealand
  • Restaurant Hub
  • NZME Events

SubscribeSign In

Advertisement
Advertise with NZME.
Home / World

Iran says US must accept peace plan or face ‘failure’

AFP
12 May, 2026 05:55 PM4 mins to read

Subscribe to listen

Access to Herald Premium articles require a Premium subscription. Subscribe now to listen.
Already a subscriber?  

Listening to articles is free for open-access content—explore other articles or learn more about text-to-speech.
‌
Save
    Share this article
Iran's top negotiator and speaker of its Parliament, Mohammad Bagher Ghalibaf, in April, 2026. Photo / Getty Images

Iran's top negotiator and speaker of its Parliament, Mohammad Bagher Ghalibaf, in April, 2026. Photo / Getty Images

Iran’s chief negotiator said Washington must accept Tehran’s latest peace plan or face failure, after US President Donald Trump warned the truce in the Middle East war was on the brink of collapse.

The war, which erupted more than two months ago with US-Israeli strikes on Iran, has spread throughout the Middle East and roiled the global economy despite the ceasefire, impacting hundreds of millions worldwide.

Both sides have refused to make concessions and repeatedly threatened to resume fighting, but neither appears willing to return to all-out war.

“There is no alternative but to accept the rights of the Iranian people as laid out in the 14-point proposal. Any other approach will be completely inconclusive; nothing but one failure after another,” Mohammad Bagher Ghalibaf said in a post on X.

There is no alternative but to accept the rights of the Iranian people as laid out in the 14-point proposal.
Any other approach will be completely inconclusive; nothing but one failure after another.
The longer they drag their feet, the more American taxpayers will pay for it.

— محمدباقر قالیباف | MB Ghalibaf (@mb_ghalibaf) May 11, 2026
Advertisement
Advertise with NZME.
Advertisement
Advertise with NZME.

“The longer they drag their feet, the more American taxpayers will pay for it.”

The Pentagon said the cost of the war had climbed to nearly US$29 billion ($48b) – about US$4 billion ($6.7b) higher than an estimate offered two weeks ago.

Iran sent its latest proposal in response to an earlier US plan, details of which remain limited. Media reports have said the American plan involved a one-page memorandum of understanding aimed at ending the fighting and establishing a framework for negotiations on Iran’s nuclear programme.

Iran’s foreign ministry said its response called for ending the war on all fronts, including Lebanon, halting the US naval blockade on Iranian ports and securing the release of Iranian assets frozen abroad under longstanding sanctions.

Advertisement
Advertise with NZME.

But Trump slammed Tehran’s reply as “TOTALLY UNACCEPTABLE”, saying the US would enjoy a “complete victory” over Iran and that the truce that has halted fighting for over a month was on its last legs.

In a show of defiance, Iran’s Revolutionary Guards said they carried out drills in Tehran aimed at “enhancing combat capability to confront any movement of the American-Zionist enemy”, state media reported.

Defence Ministry spokesman Reza Talaei-Nik said that if the US “does not submit to the rightful and definitive demands of the Iranian nation in the diplomatic arena, it should expect a repeat of its defeats on the military battlefield”.

‘Living day to day’

The war of words has unnerved people in Iran who do not know what the coming months will bring.

“We are just trying to dig our nails into anything that could help us survive. The future is so uncertain and we are just living day to day,” Maryam, a 43-year-old painter from the capital Tehran, told Paris-based journalists.

Advertisement
Advertise with NZME.

“We are trying to find a way to continue. Keeping hope is very difficult right now.”

Trump’s angry reaction to Iran’s counter-offer sparked a spike in oil prices and dashed hopes that a deal could be quickly negotiated to reopen the Strait of Hormuz to commercial shipping.

Iran is restricting maritime traffic in the waterway and has been setting up a payment mechanism to charge tolls for crossing ships, sparking a global energy crisis that the head of Saudi oil giant Aramco has described as the largest energy supply shock “the world has ever experienced”.

US officials have stressed it would be “unacceptable” for Tehran to maintain control of the strait, which usually carries about a fifth of the world’s oil and natural gas.

“Iran should not use this strait as a weapon to pressure or to blackmail the Gulf countries,” Qatari Foreign Minister Sheikh Mohammed bin Abdulrahman Al Thani said.

Advertisement
Advertise with NZME.

Iran’s leaders “think they can outlast Trump”, said Sanam Vakil, director of the Middle East and North Africa Programme at the Chatham House think tank.

Tehran was “committed to negotiations”, Vakil added, but wanted “to extract concessions because of their improved hand”.

Battlefield ‘hell’

On the war’s Lebanon front, deadly Israeli strikes continued in the south, according to the health ministry, as fighting wore on despite a ceasefire agreement.

Israel has intensified its attacks as it trades fire with Iran-backed Hezbollah even after the April 17 truce.

More than 2880 people have been killed in Lebanon since the country was dragged into the wider war on March 2, according to the health minister – including 380 since the truce took hold.

Hezbollah chief Naim Qassem said his group’s weapons were not part of a third round of upcoming negotiations between Lebanon and Israel this week, vowing not to surrender “however great the sacrifices”.

“We will not abandon the battlefield and we will turn it into hell for Israel.”

- AFP

Save
    Share this article

Latest from World

Premium
World

What we learned after a super El Niño wiped out millions of people in 1877

12 May 09:13 PM
World

UK PM Starmer resists calls to quit as Labour divided

12 May 06:28 PM
World

'Deliberately cut corners': Company charged over 2024 Baltimore bridge disaster

12 May 05:45 PM

Sponsored

10 reasons winter is Tasmania’s most unforgettable season

12 May 09:49 PM
Advertisement
Advertise with NZME.

Latest from World

Premium
Premium
What we learned after a super El Niño wiped out millions of people in 1877
World

What we learned after a super El Niño wiped out millions of people in 1877

A lot has changed since what might have been the worst natural disaster in human history.

12 May 09:13 PM
UK PM Starmer resists calls to quit as Labour divided
World

UK PM Starmer resists calls to quit as Labour divided

12 May 06:28 PM
'Deliberately cut corners': Company charged over 2024 Baltimore bridge disaster
World

'Deliberately cut corners': Company charged over 2024 Baltimore bridge disaster

12 May 05:45 PM


10 reasons winter is Tasmania’s most unforgettable season
Sponsored

10 reasons winter is Tasmania’s most unforgettable season

12 May 09:49 PM
NZ Herald
  • About NZ Herald
  • Meet the journalists
  • Newsletters
  • Classifieds
  • Help & support
  • Contact us
  • House rules
  • Privacy Policy
  • Terms of use
  • Competition terms & conditions
  • Our use of AI
Subscriber Services
  • NZ Herald e-editions
  • Daily puzzles & quizzes
  • Manage your digital subscription
  • Manage your print subscription
  • Subscribe to the NZ Herald newspaper
  • Subscribe to Herald Premium
  • Gift a subscription
  • Subscriber FAQs
  • Subscription terms & conditions
  • Promotions and subscriber benefits
NZME Network
  • The New Zealand Herald
  • The Northland Age
  • The Northern Advocate
  • Waikato Herald
  • Bay of Plenty Times
  • Rotorua Daily Post
  • Hawke's Bay Today
  • Whanganui Chronicle
  • Viva
  • NZ Listener
  • Newstalk ZB
  • BusinessDesk
  • OneRoof
  • Driven Car Guide
  • iHeart Radio
  • Restaurant Hub
NZME
  • About NZME
  • NZME careers
  • Advertise with NZME
  • NZME Digital Performance Marketing
  • Book your classified ad
  • Photo sales
  • NZME Events
  • © Copyright 2026 NZME Publishing Limited
TOP