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Iran may believe it has the upper hand as Trump seeks talks

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Iranians waved national flags and portraits of supreme leader Mojtaba Khamenei as they march in support of the country's armed forces in the capital Tehran

Iran's decision to rebuff a 15-point peace proposal from US President Donald Trump and outline its own conditions for a ceasefire reflects growing confidence in its negotiating position after nearly four weeks of war, analysts say.

Despite US-Israeli airstrikes that have killed its top leaders and inflicted huge material damage, Iran's governing system remains in place and it retains the ability to fire missiles and drones at its neighbours and Israel.

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