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Islamabad Declaration signing remote
The potential agreement between Iran and the United States, set against the backdrop of unprecedented negotiations, provides a framework for reopening the Strait of Hormuz and lifting some economic sanctions in exchange for Iran’s commitment to freeze part of its nuclear program and remove some of its highly enriched uranium stockpile. This could reduce tensions in the Gulf and impact oil markets. The agreement is expected to be signed remotely before the end of the week, with discussions about terms that would give Iran greater control over navigation and ease sanctions, while issues related to the nuclear program and future steps remain under discussion.
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