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The Economic Times
The Economic Times
National

Where things stand after Iran's new pitch for deal to open Strait of Hormuz

Tehran: It's been a busy week for Iranian diplomacy that may have come to nothing.

Iran's president and foreign minister visited New York for the UN gathering of world leaders and proposed a deal with the Trump administration that would end the fighting and open the Strait of Hormuz in seven days. That's if the US ends its military blockade of Iranian ports, releases frozen Iranian assets and waives sanctions on Iranian oil sales, among other conditions - none of them new.

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