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The proposal offered sanctions relief to Iran in return for the removal of all its enriched uranium and other U.S. demands, the officials said.
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U.S. stocks rose Wednesday and global oil prices fell, as traders and investors were buffeted by constant headlines about the war in Iran.
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Oil prices fell after Donald Trump that Washington and Tehran are "in negotiations right now" and indicated Iran is keen to reach a peace agreement.
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The speed of price rises in the UK has stayed the same, according to data which was collected before the US-Israel war with Iran began.
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Tehran has rejected claims of talks, with one official questioning the US's diplomatic credibility.
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Larry Fink says if oil prices stay high for a sustained period it will have "profound implications" for the world economy.
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While the president has promised rapid relief, Americans could feel the financial sting of the conflict for some time after it ends.
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Former GM executive CEO Pamela Fletcher told CNBC "the faster path, and frankly, a big need, is out there in this defense space."
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