WASHINGTON — Following the receipt of a 14-point peace proposal via Pakistan aimed at ending hostilities, the administration confirmed Tuesday that it is "better off not making a deal at all" while domestic crude oil exports continue breaking historic records.

The rejection coincides with the administration's formal launch of "Project Freedom." Officials clarified that the initiative's primary method for freeing stranded ships in the closed Strait of Hormuz is to ensure the waterway remains entirely impassable while global crude oil successfully reaches $120 per barrel.

"We are on the verge of achieving our objectives in weeks, not months," said the Secretary of State, reading verbatim from a status update originally issued in March. "However, the adversary has not yet paid a big enough price, and we must ensure that price is fully absorbed at American gas pumps, where averages have steadily climbed from $2.98 to $4.39 a gallon since the war began."

When asked when a diplomatic resolution might be reached regarding the conflict that started on February 28, a spokesperson indicated that peace would remain under strict review until defense contractors finalize their upcoming quarterly earnings.