Iran Demands Peace Terms from Trump Amid Surge in Naval and Proxy Casualties

In a significant diplomatic escalation, Iran has issued a series of formal peace demands to U.S. President Donald Trump and Israeli Prime Minister Benjamin Netanyahu. A former commander of the Islamic Revolutionary Guard Corps (IRGC) stated that the military campaign would continue unless these specific terms are met, signaling a hardline stance from Tehran even as it faces mounting losses. Concurrently, Iran confirmed that 104 crew members were killed in a strike on the IRIS Dena, prompting vows of retaliation against the responsible parties. On the diplomatic front, efforts to find an international consensus have stalled. India, serving as the BRICS chair, held a virtual meeting of Sherpas on March 12, but internal divisions among member states prevented the group from adopting a unified position on the conflict. Meanwhile, Qatar has expressed urgent concern over the regional instability. As a primary mediator and home to a major U.S. military installation, Qatar warned that a prolonged conflict would have a profound impact on the global energy industry and international oil supplies. In the field, military activity remains intense. Israel released footage documenting a precision strike on a Hezbollah rocket depot in Majadel, Lebanon, continuing its strategy of targeting Iran-backed regional proxies. These developments come amid heightened rhetoric from Tehran, which has expanded its list of legitimate targets to include U.S. bases across the region in response to recent strikes on Iranian interests, including those at Kharg Island.