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What the 14-point MoU between Iran and the U.S. means for shipping

The 14-point Memorandum of Understanding that Iran and the U.S. have agreed upon put out by Al Arabiya English gives several commitments by the U.S. and Iran for shipping and transits through the Strait of Hormuz.The U.S. has lifted the Naval blockade and commits to restore to traffic within 30 days...

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