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Geopolitics

Strait of Hormuz remains effectively closed, according to WSJ citing Kpler, despite Iran's announcement.

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Most shipping organizations say the waterway remains too unsafe to cross because of mines, while Iran's military has said it would block any vessel it doesn't authorize.

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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