Hormuz access and nuclear limits at centre of a widening US–Iran deadlock Last updated: May 03, 2026 | 15:44 Commuters make their way past an anti-US billboard referring to President Donald Trump and the Strait of Hormuz, installed on a building at the Valiasr Square in Tehran on May 2, 2026. AFP Dubai: US President Donald Trump has warned that fresh military strikes on Iran remain firmly on the table, declaring he would act if Tehran “misbehaves,” even as both sides continue to exchange draft proposals to end the war. The blunt threat underscores the fragile and contradictory moment in the conflict: a ceasefire is technically holding, negotiations are ongoing, yet the risk of escalation is as real as ever. “If they misbehave, if they do something bad — we’ll see. It’s a possibility that could happen, certainly,” Trump told reporters on Saturday, making clear that diplomacy is being pursued alongside active military planning.…