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Breaking Posted 2 hours ago

Iran-US Negotiations Advance on Strait of Hormuz Access

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Iran and the US have made progress toward a preliminary agreement: Iran would restore free traffic through the Strait of Hormuz in exchange for US easing its blockade of Iranian ports. Parties still negotiating sequencing. Oil and energy-linked currencies—particularly CAD and EUR—sensitive to Hormuz disruptions; accord could ease supply-chain risk premium if finalized.
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