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US ties sanctions relief to Hormuz reopening

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1 hour ago|

CNN, citing a US official, reported that the lifting of sanctions and unfreezing of Iranian assets will only proceed if Iran agrees to reopen the Strait of Hormuz and continue negotiations over its nuclear programme.

The official said the exact amount of funds Iran could receive under any potential agreement has not yet been determined.

According to the report, Iran has in principle agreed to reopen the Strait of Hormuz and dispose of its stockpile of highly enriched uranium.