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Fortune

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Jason Ma

Trump expects to sign a deal with Iran on Sunday, but Tehran may want to avoid giving him a gift on his birthday

Donald Trump Iran Tehran United States UFC

(Credit: JIM WATSON/AFP via Getty Images)

A memorandum of understanding that ends the Iran war and reopens the Strait of Hormuz could be imminent, after weeks of dashed hopes and on-again, off-again talks.

But the timing of an MOU could emerge as a last-minute snag.

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