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Washington and Tehran near deadline brink

Washington and Tehran near deadline brink

The article addresses the final deadline facing the United States and Iran regarding the implementation of the Memorandum of Understanding signed in June 2023. It clarifies that the chances of saving the nuclear deal are dwindling as the deadline, estimated at 60 days, approaches. The piece points to escalating tensions between the two countries, with Iran closing the Strait of Hormuz in protest against Washington’s attempts to establish an alternative shipping route, and the U.S. responding by reimposing a naval blockade. Recent developments revolve around a shift in American demands, which now focus on stabilizing oil prices and alleviating Iran’s economic losses, while the issue of navigation through the Strait of Hormuz remains a major obstacle. On the Iranian front, the economy faces significant challenges, including declining oil exports and currency collapse, as Tehran seeks to combat inflation through plans aimed at addressing the so-called "economic war." Overall, negotiations are approaching a pivotal moment that could either lead to an extension of the understanding or an escalation of tensions between the two sides, amid rising economic and political tensions in the region.

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