Tehran's response comes just before the US and China meet at a summit in South Korea. TEHRAN: Iran responded to Washington's latest peace proposal on Sunday (May 10), while warning it would not hold back from retaliating against any new US strikes or permit more foreign warships in the Strait of Hormuz . Tehran's long-awaited answer came as Israeli Prime Minister Benjamin Netanyahu - whose forces launched the war on Iran along with the US military on February 28 - insisted the conflict wasn't