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23 May 2026, 15:36

The Financial Times reported that intermediaries in the Iran war believe they are nearing an agreement that would extend the ceasefire between Washington and Tehran for 60 days and create a framework for negotiations regarding the Islamic Republic's nuclear program.

According to the report, individuals involved in these negotiations told the media that this agreement includes the gradual reopening of the Strait of Hormuz as well as a commitment to consider the dilution or transfer of high-enriched uranium reserves.

The Financial Times added that the U.S. will also reduce the naval blockade of southern Iranian ports and will agree to ease sanctions as well as the phased release of Tehran's frozen assets abroad.
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