DUBAI/WASHINGTON: Iran and Israel traded attacks on Tuesday as Tehran defiantly refused to reopen the Strait of Hormuz and accept a ceasefire deal on the eve of a deadline set by US President Donald Trump to agree to his demands or get “taken out.” Iran has rejected a US proposal brokered by Pakistan for an immediate ceasefire and the lifting of its effective blockade of the strait, followed by talks on a broader peace settlement within 15 to 20 days, according to a source aware of the plan.

The peace plan involves a two-tier approach with an immediate ceasefire, a source aware of the proposals said on Monday

The 45-day ceasefire proposal, which could lead to an end to the war, is reportedly being discussed by the U.S., Iran and a group of regional mediators.