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Iran denies talks with Washington as Strait of Hormuz deal nears
CNBC Markets reports the United States is signaling readiness to move back toward commitments as a potential deal around the Strait of Hormuz comes into focus.
Iran, however, denied it was in talks with Washington, pushing back against claims that the two sides were negotiating.
The dispute underscores the uncertainty around negotiations tied to one of the world’s key maritime chokepoints, with international shipping and regional risk factors at stake, according to CNBC World.
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