US, Iran Outline Divergent Plans to End the War
Good morning. The US and Iran are at odds over terms to end the war. Adani pursues partnerships with Meta and Google amid the data center boom. And Honda leans on its motorcycle business after a costly EV letdown. Listen to the day’s top stories.
Iran rejected a US proposal to end the war and spelled out its own conditions, including reparations for damage caused by airstrikes. The Islamic Republic is also seeking recognition of its sovereignty over the Strait of Hormuz, Press TV reported. The US plan, on the other hand, is said to stipulate that Iran dismantle its main nuclear facilities and use a reduced missile arsenal in self-defense only. Stocks rose while oil fell as traders weighed the viability of ceasefire talks. The war has exposed deep divisions within the BRICS alliance, as some members lean toward supporting Tehran while others—especially India—avoid taking sides.