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Under pressure from mediators, Iran is seeking to make nuclear concessions in exchange for reviving peace talks with the United States. The negotiations focus on easing Iran's nuclear program and opening the Strait of Hormuz, with Iran proposing to open the strait within seven days in return for sanctions relief and the release of frozen funds. With Trump's rejection of Iran's proposal and his refusal to return to previous agreements, prospects for de-escalation remain limited, and there are expectations of increased military escalation after the U.S. midterm elections.
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