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GeopoliticsIMPORTANT

Al Jazeera sources report that US-Iran talks are focussing on the Strait of Hormuz at this stage, no current talks on the nuclear situation

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Iran offered a three-stage process, first 30 days focused on how to reopen the Strait of Hormuz. If reached, nuclear negotiations could then occur.

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Geopolitics

Gulf official tells CNN “50:50” chance US and Iran could reach deal by Friday, CNN reports; Iranian delegation does not include IRGC, which would need to sign off on details of provisional agreement