Iran commits to no nuclear arms
An Iranian official confirmed that Tehran has pledged not to produce or possess nuclear weapons and to reduce its stockpile of highly enriched uranium, as part of a memorandum of understanding with the United States under discussion for 60 days. In return, Washington will release $25 billion of frozen assets and ease oil sanctions, including reopening the Strait of Hormuz to all ships and lifting the maritime blockade to promote international navigation.
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