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US-Iran Diplomatic Talks on Strait of Hormuz

Updated 2026-05-24 16:50 UTC 1 source Positive

The US and Iran have agreed to the basic terms of a deal that would re-open the Strait of Hormuz, easing tensions over gas prices. However, details remain to be worked out.

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The Hill
The Trump administration and Iran have agreed to the basic terms of a deal that would re-open the Strait of Hormuz, a critical waterway that has been blocked, leading to high gas prices in the U.S. and around the world. A number of details appear yet to be worked out, but multiple reports suggest a.
2026-05-24 16:15 UTC
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