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Global Business News

The Economic Times

Global Business / The Economic Times

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What needs to be agreed to end the Iran war?

Iran and the US are nearing an understanding on a 14-point memorandum of understanding. Discussions focus on ending the Middle East war and a US naval blockade. In return, Iran would ensure safe passage in the Strait of Hormuz. While progress is reported, difficult issues like Iran's nuclear program and sanctions remain. A deal is not yet imminent.

25 May 2026 4:38 pm