If concluded – still a big if – this agreement would reopen the Strait of Hormuz, lift the US blockade, unfreeze Iran’s frozen assets (via Qatar), and extend the ceasefire – while kicking nuclear negotiations down the road. There’d be no dismantling of Tehran’s proxies, no restrictions on its ballistic missiles program, no permanent ban on nuclear enrichment, no takeover of its highly-enriched uranium stockpile, no captured oil, no handpicked successor to Ali Khamenei (sorry, Mahmoud Ahmadine...

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