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U.S. Treasury Secretary Scott Basel anticipated reaching an agreement to halt the fire with Iran and reopen the Strait of Hormuz within two days, with the deal lasting between 30 and 60 days. He pointed out that the United States is applying pressure on Tehran, which is facing food price inflation ranging from 150 to 180 percent and has difficulty paying its forces' salaries. Meanwhile, negotiations are at a standstill pending final approval from Iran's Supreme National Security Council. Iranian officials have confirmed that the negotiations are proceeding with the approval of Supreme Leader Khamenei, amid domestic criticisms within Iran of the escalation efforts and calls for dialogue to achieve benefits.
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