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Deep Tide TechFlow news. On May 11, according to Jinzhi Data, U.S. President Trump rejected Iran’s latest ceasefire proposal, saying it was “completely unacceptable.” Iran then responded that it would not draft a plan to please Trump. As a result, risk-avoidance sentiment in the market intensified. WTI crude oil opened up 3% to $98.44 per barrel, the U.S. dollar strengthened, and U.S. stock index futures for the three major indices fell by about 0.3%. Meanwhile, the UK and France are pushing more than 40 countries to discuss escorting ships through the Strait of Hormuz after achieving a stable ceasefire. Israeli Prime Minister Netanyahu said that military actions against Iran have not ended, and Iran warned that any move to deploy foreign warships in the Strait of Hormuz under the pretext of “protecting shipping” would be treated as an escalation of conflict.