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Senior U.S. officials disclosed the contents of the memorandum of understanding with Iran. The MOU pledges 60 days of toll-free shipping in the Strait of Hormuz.
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A senior U.S. official on Wednesday provided NBC News with the text of the memorandum of understanding between the United States and Iran.
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With the United States and Iran nearing a deal to reopen the Persian Gulf, the mega shipping firm is treading cautiously.
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