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U.S. and Iran discuss phased exchange to reopen Hormuz and ease blockade

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  • #278
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    Keymaster
    👑 Lv.100 Master

    Talks in New York considered sequencing Iran’s reopening of the strait with U.S. relief from the economic blockade. Neither side wants to surrender its main leverage first.

    Market impact: If a first step is verified, the war premium in crude could compress quickly.

    Source: Reuters · Caution · Section: Iran & Hormuz

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