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Why Trump rejected Iran’s Hormuz deal but kept the negotiating channel open
Brent crude climbed above $108 a barrel Monday after Trump turned down Tehran
Iran stuck to its seven-day proposal for reopening the crucial Strait of Hormuz, saying it won’t soften its conditions, while President Donald Trump sent mixed signals about his willingness to reach a deal. The conditions Iran wants are something Washington might have agreed to about a year ago, Trump told Axios in an…