Oil Dips Below $85: Iran Says New Proposals Are on the Table as US Mediators Work to Prevent Further Escalation

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U.S. and Iranian mediators have put forth new proposals aimed at easing the ongoing tensions, as confirmed by Iranian Foreign Ministry Spokesman Esmaeil Baghaei late Sunday.

Baghaei, during a press conference, acknowledged the ongoing efforts of mediators, while also emphasizing Iran’s resolve to continue countering what it perceives as U.S. “crimes,” reported the Jerusalem Post.