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The Economic Times

Economy / The Economic Times

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Iran presses for an end to war within 30 days as Trump expresses doubts

Iran has presented a new 30-day proposal to the U.S. aiming to end the ongoing conflict, not just extend the ceasefire. The plan includes lifting sanctions, ending blockades, and withdrawing forces. Meanwhile, Iran remains firm on its stance regarding the Strait of Hormuz, demanding tolls for passage. The Iranian rial continues to weaken significantly against the dollar, impacting the economy.

3 May 2026 5:52 pm