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Marco Rubio says ‘significant progress’ made in US-Iran talks to end war

Marco Rubio says ‘significant progress’ made in US-Iran talks to end war

Summary

United States Secretary of State Marco Rubio said important progress has been made in talks to end the conflict involving the US, Israel, and Iran. The deal may reopen the Strait of Hormuz for oil shipments and aims to stop Iran’s nuclear weapon development.

Key Facts

  • Marco Rubio confirmed significant, though not final, progress in peace talks during his visit to India.
  • The deal aims to restore the number of ships passing through the Strait of Hormuz to pre-war levels within 30 days.
  • Iran’s frozen funds would be partially released in the first phase of the agreement.
  • The US naval blockade on Iranian ports would be lifted within 30 days.
  • The war is planned to end on all fronts, including Lebanon.
  • Nuclear negotiations would continue for up to 60 days after the initial agreement.
  • Iran and Oman would jointly manage the Strait of Hormuz as part of the deal.
  • President Trump said the deal is “largely negotiated” and expects it to reduce global energy prices by reopening the Strait.
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