Macro Finance
Iran Refuses to Soften Demands as Trump Rejects Hormuz Offer
Bloomberg Markets·September 28, 2026·1 min read
Iran and the US appeared far apart on a new ceasefire deal or reopening the Strait of Hormuz, with Tehran sticking to a proposal Trump rejected. Iran offered to reopen the strait within seven days if Washington makes concessions, but leaders demand lifting naval blockade and oil sanctions.
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