New details emerge on US-Iran deal
Washington and Tehran have reached a memorandum of understanding signed by senior officials from both sides, aiming to open the Strait of Hormuz and lift the American blockade on Iran, while increasing traffic through the strait. Technical discussions will commence at the end of the week, and details of the agreement are expected to be announced within a day or two. The negotiations are anticipated to address nuclear issues and the lifting of sanctions, involving gradual steps and ongoing talks that will last for 60 days and may be extended.
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