U.S.-Iran peace talks stall. Here's where things stand — and what's next for global markets

U.S.-Iran peace talks stall as U.S. President Donald Trump scraps envoy plans citing 'tremendous infighting' in Tehran, while Iran offers a new proposal to reopen the Strait of Hormuz and end the war, delaying nuclear talks. Geopolitical strain intensifies amid rising oil prices and market volatility.

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