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Keyword: iransays

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  • Proposed Iran-U.S. deal would reopen Hormuz strait and lift oil sanctions, Iran state media says

    06/12/2026 6:18:35 AM PDT · by Timber Rattler · 37 replies
    CNBC.com ^ | June 12, 2026 | April Roach and Joseph Wilkins
    The U.S. and Iran could reportedly sign a peace deal as soon as Sunday, after Iranian state media said the draft deal included a commitment from the U.S. to lift oil sanctions and a pledge from Iran to reopen the Strait of Hormuz within 30 days. The 14-point document dictates that final negotiations will not begin until the release of half of Iran’s frozen funds, the suspension of Iran’s oil sanctions and the lifting of the naval blockade, the Mehr News Agency reported. All American forces would need to withdraw from Iran, and the U.S. and its allies would need...