# USIranNegotiationGame

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On May 28, US and Iranian negotiators reached agreement on a memorandum of understanding, pending approval from their respective governments. The draft deal reportedly includes a 30-day timeline for Iran to clear mines from the Strait of Hormuz and restore commercial passage, while the US would gradually lift its naval blockade and discuss sanctions relief and asset unfreezing. The White House denied an earlier Iranian media report on the draft text. Oil prices are under pressure, but geopolitical risk premiums have not fully dissipated.

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