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U.S. President Donald Trump announced that the memorandum of understanding with Iran stipulates that Tehran will never possess nuclear weapons, indicating that a second phase of the agreement may be included if peace efforts succeed. He also mentioned the partial reopening of the Strait of Hormuz by the end of the week, amid expectations of negotiations regarding Iran's nuclear ambitions in the coming days. Meanwhile, oil prices have fallen to their lowest levels since the escalation between Washington and Iran began.
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