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HORMUZ STRAIT REOPENS AMID US–IRAN NEGOTIATIONS

HORMUZ STRAIT REOPENS AMID US–IRAN NEGOTIATIONS Why in the News? Geopolitical development: Strait of Hormuz reopened after regional de-escalation, while US expects a nuclear deal with Iran soon. Global significance: Developments impact energy security and global oil trade, given strategic importance of Strait of Hormuz.   Key developments in US–Iran negotiations Diplomatic progress: Backchannel talks …

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