World · 2026-10-28 · Afternoon briefing
Iran dismisses Qatari peace plan as 'unacceptable'
A diplomatic push by Qatar to broker an end to the war with Iran faltered on Wednesday after a senior Iranian official rejected the latest proposals. The official described the ideas from the mediators as "unacceptable", directly contradicting reports from Sunday that a new draft deal had been presented to Tehran.
The impasse comes with a steep price. The US military's Central Command estimates the war has so far cost $47 billion, with $29 billion of that spent on replacing expended munitions. According to the nonpartisan Congressional Budget Office, the conflict continues to cost between $2 billion and $3 billion per month.
Separately, the United States has reportedly told its Gulf allies to prepare for a "brief but intense" military campaign against Iran. The Wall Street Journal reported that the warning advised allies to be ready for action following the midterm elections.
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- Iran calls Qatar's latest peace proposals 'unacceptable' as US strike fears grow
- Iran rejects Qatari ideas as Tehran rules out flexibility on nuclear issue amid peace efforts
- Live Updates: Iran rejects "unacceptable" ideas as Qatari mediators say they presented new draft deal to Tehran
- Iran sees only unacceptable ideas in latest mediation to end war, official says
- Iran’s Araghchi meets Qatari mediators as US calls for nuclear talks
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