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The Economic Times

Top News / The Economic Times

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Ceasefire ahead? Last-ditch US-Iran peace effort is tied in knots

United States and Iran are at a critical juncture. A 45-day ceasefire proposal offers a path to de-escalation. However, deep mistrust and competing goals threaten its success. President Trump's deadline looms, with military action a possibility. Mediators are working through backchannels to prevent escalation. The Strait of Hormuz remains a key bargaining chip.

6 Apr 2026 8:26 pm