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Story summary
- Iran sent its reply to the U.S. cease-fire proposal through Pakistani mediators on May 10.
- Iran demanded UN Security Council guarantees, sanctions lift, and reopening of the Strait of Hormuz without a $2 million toll.
- Pakistani officials said the Strait closure threatened their economy and pushed fuel prices to record levels.
- U.S. President Donald Trump called Iranian leaders “lunatics” and warned of military action if Tehran did not quickly accept the deal.
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