Diplomatic efforts between the United States and Iran remain stalled, with both sides accusing each other of unreasonable demands. Oil prices surged, with Brent crude rising 2.69% to $104.01 a barrel, amid ongoing tensions in the Strait of Hormuz. President Trump rejected Iran’s proposal to end hostilities, labeling it “totally unacceptable,” while Iranian media characterized the U.S. plan as an attempt to force Iran’s surrender. In the region, Israel conducted airstrikes in Lebanon, further escalating the conflict.
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