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Iran Says Won’t Soften Demands After Trump Rejects Hormuz Offer
Source: Bloomberg
Geopolitics & WarEnergy Markets & PricesTransportation & Logistics
Iran said it is awaiting a definitive US response to its seven-day proposal to reopen the Strait of Hormuz, while refusing to soften its conditions after President Donald Trump rejected the plan. The impasse over the critical oil-shipping chokepoint raises risks of prolonged disruption to regional energy flows and global crude markets.
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