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The US-Iran draft agreement stipulates that navigation through the Strait of Hormuz must be restored within 30 days.

MeNews
ME News Report, May 26 (UTC+8), according to market sources, the US-Iran draft agreement stipulates that the United States commits to easing the blockade on Iranian ports; it will provide specific sanctions exemptions for Iran's oil exports and consider phased relaxation of sanctions on Iranian oil, depending on Iran's fulfillment of its commitments. The draft states that navigation through the Strait of Hormuz must be restored within 30 days. (Source: BlockBeats)
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This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
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ColdWalletUnderTheNeonLights
· 7h ago
The US-Iran draft looks like each side is getting what they want; the real challenge is in the implementation phase.
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ExitLiquidityIntern
· 17h ago
If this protocol truly gets implemented, the crude oil market will shake three times.
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GateUser-14d03834
· 17h ago
The historical experience is not very optimistic regarding Iran fulfilling its commitments.
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0xCaffeine
· 17h ago
The conditions for Hormuz navigation are interesting; the 30-day countdown has begun.
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FudAlsoNeedsAnImage
· 17h ago
BlockBeats news source, wait for more details before making a judgment
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AirdropJanitor
· 17h ago
Are there specific provisions regarding the amount of sanctions exemptions? Or is the scope still very vague?
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