Hormuz deal nears as oil dips

Iran’s President emphasized a preference for dialogue with the United States while warning that economic sanctions will not force concessions. Meanwhile, the U.S. launched Operation Economic Outcast to isolate Iran, aiming to cut off its economic lifelines. In related developments, investigations into classified documents from the U.S. withdrawal from Afghanistan revealed efforts to hide sensitive materials, with the process ongoing. Additionally, discussions about the Strait of Hormuz suggest potential deals to reopen shipping routes, coinciding with falling oil prices amid tensions with Iran.

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