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Global Business News

The Economic Times

Global Business / The Economic Times

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Trump rejects efforts to launch Iran ceasefire talks, sources say

President Trump's administration has rejected diplomatic overtures from Middle Eastern allies seeking to end the two-week-old Iran war, with Tehran also refusing a ceasefire until U.S. and Israeli strikes cease. Both nations appear poised for a prolonged conflict, despite escalating civilian casualties and soaring oil prices due to Iran's closure of the Strait of Hormuz.

14 Mar 2026 10:29 pm