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The United States and Iran have reached a Memorandum of Understanding that includes an immediate and permanent halt to military operations and a commitment to refrain from going to war. It also involves steps to reopen the maritime passages in the Strait of Hormuz, lift the American blockade on Iran within 30 days, and commence negotiations to reach a final agreement on the nuclear issue, as well as to restore economic relations. This includes lifting sanctions and reviving the Iranian economy.
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