India, May 11 -- Asian stocks ended mixed on Monday as strong gains in AI-related stocks in Seoul offset investor concerns over escalating U.S.- Iran tensions and prolonged disruption in the Strait of Hormuz.
Iran has rejected a U.S. proposal for renewed peace talks, calling it "surrender" and insisting instead on war reparations, full Iranian sovereignty over the Strait of Hormuz, sanctions relief, and the release of seized assets.
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