Iran has informed the U.S. through intermediaries that it rejects the Trump administration's 15-point proposal for negotiations, Iran's English-language Press TV reported on Wednesday. Why it matters: The U.S. offer includes many elements Tehran has repeatedly opposed, but rejecting it outright could increase the risk of a major escalation — including the possibility Trump will revive his threat to destroy Iranian power plants.The Iranian position, which was reported in other Iranian and pro-Iran media outlets in the region, could take the U.S. push for in-person peace talks this week off the table for now.What they're saying: A senior Iranian official told Press TV the U.S. terms were "excessive" and the war would only end "on Tehran's own terms and timeline."The Iranian official told Press TV that Tehran saw the latest proposal by the Trump administration to hold negotiations "as a ploy."Axios reported overnight that Iran had told the mediators it suspected Trump's push for peace talks was a ruse, given the U.S. is currently sending thousands of troops to the region.Press TV reported that Iran has five conditions for a ceasefire and ending the war:Complete halting of attacks and assassinations by the U.S. and Israel.The establishment of mechanisms to ensure the war doesn't resume.Compensation for the damages caused during the war.Halting all U.S. and Israeli attacks against Hezbollah in Lebanon and pro-Iranian militias in Iraq. Receiving international recognition and guarantees for Iran's authority over the Strait of Hormuz.This is a breaking news story and will be updated.