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Iranian officials say they have received an official U.S. response to Tehran's own proposal to end the seven-month war, which U.S. President Donald Trump rejected days earlier
The latest sanctions come after the two sides held another round of indirect talks over a possible deal to end the war.
Trump predicts an end to the Iran war as mediators pursue a Hormuz deal, while Bitcoin trades near $83,000 amid pressure from U.S. bond yields.