Iran reports US response to peace offer

Iran has responded to a U.S. proposal aimed at ending a seven-month conflict, following initial rejection of the offer. Iranian officials conveyed the response after meetings in New York, where Iran outlined conditions for reopening the Strait of Hormuz, including sanctions relief and port access. While the U.S. publicly dismissed the proposal, indirect talks continue, and Iran’s economy remains severely strained due to sanctions, currency devaluation, and rising inflation amid ongoing hostilities.

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