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Iran has reportedly dropped a demand to control the Strait of Hormuz and collect transit fees, Hayom reports citing officials; however, they are unwilling to discuss "or even signal a willingness to enter negotiations" on nuclear issues

ORIGINAL · NewsquawkIran has reportedly dropped a demand to control the Strait of Hormuz and collect transit fees, Hayom reports citing officials; however, they are unwilling to discuss "or even signal a willingness to enter negotiations" on nuclear issuesRead originalHide original

Under the agreement, USD 8bln in frozen Iranian funds currently held within Qatar would be unfrozen. With the US to lift the naval/economic blockade of Iran, in exchange for a halt to Iranian attacks on vessels belonging to the Gulf states. US VP Vance, alongside envoys Witkoff and Kushner, are advancing negotiations to an agreement similar to the May MoU. Source adds that the Qatar Emir's arrival signalled progress. US Treasury Secretary Bessent, Commerce Secretary Lutnick, Secretary of State Rubio and War Secretary Hegseth all oppose a deal similar to the May agreement. US VP Vance is pushing for an agreement to end the war early 2027, "almost regardless of the cost".

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The report describes possible Hormuz, blockade and funds terms alongside unresolved nuclear issues, conflicting reports on Iran’s nuclear position, and uncorroborated claims about US officials’ views and timeline.

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Under the agreement, USD 8bln in frozen Iranian funds currently held within Qatar would be unfrozen. With the US to lift the naval/economic blockade of Iran, in exchange for a halt to Iranian attacks on vessels belonging to the Gulf states. US VP Vance, alongside envoys Witkoff and Kushner, are advancing negotiations to an agreement similar to the May MoU. Source adds that the Qatar Emir's arrival signalled progress. US Treasury Secretary Bessent, Commerce Secretary Lutnick, Secretary of State Rubio and War Secretary Hegseth all oppose a deal similar to the May agreement. US VP Vance is pushing for an agreement to end the war early 2027, "almost regardless of the cost".

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