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US, Iran Wrangle Over Terms as Trump Rejects Peace Proposal
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US, Iran Wrangle Over Terms as Trump Rejects Peace Proposal

Bloomberg Markets · May 11, 2026, 10:54 AM · Also reported by 4 other sources

The US and Iran remain far apart on a framework to end their war and reopen the Strait of Hormuz, as President Donald Trump rejected the Islamic Republic’s response to his proposed peace plan, but stopped short of declaring a resumption of fighting. Mica Soellner of Bloomberg Government has more. (S

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