Peace efforts stall as US examines latest Iran proposal
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Efforts to end the Middle East war appeared at a standstill on Tuesday, with the US considering Tehran's latest offer to unblock the Strait of Hormuz, and Iran saying Washington could no longer dictate terms.

Iran has blockaded the waterway -- a vital conduit for oil and gas shipments -- since the start of the U.S.-Israeli offensive two months ago, sending shockwaves through the global economy.



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