A senior Iranian military commander says renewed conflict with the United States is likely. The warning comes hours after President Donald Trump rejected Iran's latest negotiating proposal, saying he is "not satisfied" with what they're offering.

Iran delivered the draft to mediator Pakistan Thursday evening. The war, launched by the U.S. and Israel in late February, has been on hold since April 8 after one failed round of talks.

Meanwhile, the White House confirmed that U.S. envoy Steve Witkoff submitted amendments putting Tehran's nuclear program back on the table. News of the proposal briefly pushed oil prices down nearly five percent, though they remain about 50 percent above pre-war levels due to the ongoing closure of the Strait of Hormuz.

Fighting has continued in Lebanon despite a separate truce with Hezbollah - 13 people were killed in Israeli strikes there Friday. Washington approved major arms sales to allies, including a $4 billion Patriot missile deal with Qatar and nearly $1 billion in precision weapons to Israel.

Domestically, Trump faces growing pressure with inflation rising and midterm elections approaching. In Iran, inflation has surged past 50 percent. Supreme leader Ayatollah Mojtaba Khamenei called for business owners to avoid layoffs and threatened enemies with "economic and cultural jihad."