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Iran has formally submitted its four "red lines" for peace talks with the US today, per Iranian state TV:
1. Authority over the Strait of Hormuz
2. Payment of war reparations
3. Unfreezing of all blocked Iranian financial assets
4. Securing a comprehensive regional ceasefire
In-person negotiations are ongoing as we speak.
#USIranCeasefireTalksFaceSetbacks
#OilEdgesHigher