The Hormuz Letter
@HormuzLetter
Iranian. The Middle East through the lens of oil, markets, and money. This is the only account.
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BREAKING: Iran directly rejects today's reports of a US-Iran deal breakthrough, saying "no new developments have occurred in this regard."
Oil prices crashed nearly 8% today based on the false claim of a breakthrough.
Iran says "definitely no new events or actions will take place" until the US fulfils all of Iran's 7 conditions.
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