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Trump declares Strait of Hormuz opening
U.S. President Donald Trump confirmed that the Strait of Hormuz will be fully reopened by Friday, indicating that the agreement with Iran aims to prevent it from fully acquiring nuclear weapons, and that the second phase of the agreement could proceed quickly. He explained that the final text of the deal will be published soon, with expectations that it will include the lifting of tariffs during the current phase, and a press conference will be held to explain the details. This comes amid rapid developments concerning the Iranian issue and its impact on the energy market and navigation in the strait.
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