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Analyst: The US and Iran refuse to back down, each hoping to negotiate a better deal.

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ME News Report, June 11 (UTC+8), Analyst Torbjorn Soltvedt pointed out that although there is a fragile ceasefire between the US and Iran, low-intensity conflicts continue to pressure for a ceasefire, and recent days have seen more intense clashes. Negotiations are still ongoing, but the problem is that both sides want to negotiate from a position of strength. The US believes it can increase pressure on Iran, and waiting might give them better bargaining chips; while Iran thinks that blocking the Strait of Hormuz can choke the global economy's throat, enough to wear down for a better deal—this strategy has already shown results, and many countries are feeling the economic impact. "Currently, US inflation is reaching a three-year high," Soltvedt warned, "if no formal agreement is reached, the current highly unstable environment could collapse at any time." (Jin10) (Source: ODAILY)
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