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U.S. Secretary of State Marco Rubio accused Iran of making “exaggerated, ridiculous and unrealistic” demands, saying peace talks had made little progress amid disagreements over the terms for resuming them. Tehran proposed shortening the deadline for restarting the talks from seven days to two. Iranian spokesman Esmail Baghaei said Tehran wants U.S. sanctions lifted and the war ended on all fronts before negotiations begin, while President Donald Trump tied ruling out further strikes to progress toward an agreement on Iran’s nuclear program and the reopening of the Strait of Hormuz. Brent crude futures fell 0.75% to $97.58 a barrel, while West Texas Intermediate fell 0.42% to $90.45.
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