US Administration Rules Out Reimposing Naval Blockade on Iran Amidst Negotiating Progress

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US Administration Rules Out Reimposing Naval Blockade on Iran Amidst Negotiating Progress

The US administration has ruled out the option of reimposing a naval blockade on Iran at this stage, citing tangible progress in bilateral talks. Washington clarified that Tehran has shown full agreement to comply with a strict nuclear inspection regime, which was considered a fundamental condition for continuing negotiations. In a related context, it was decided that the released funds will be deposited into escrow accounts under US oversight, allocated exclusively to finance pharmaceutical and food transactions.