- Trump rejected Iran's seven-day ceasefire proposal
- Proposal would have reopened Strait of Hormuz and resumed nuclear talks
President Trump rejected Iran's seven-day ceasefire proposal that would have reopened the Strait of Hormuz and resumed nuclear talks. Trump is skeptical and sees a renewed bombing campaign after the midterms as likely, the Wall Street Journal reported. Oil prices rose, the dollar edged higher, and gold weakened on the news.
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