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US waives Iran sanctions, Trump says he will 'do what I have to' if Tehran misbehaves

  • The U.S. waived sanctions on Iran for 60 days after first peace talks, allowing oil sales and some frozen funds to move.
  • Fighting in Lebanon has eased and tanker traffic through the Strait of Hormuz began to pick up after a safety channel was opened.
  • President Trump warned he’ll act if Iran breaks the deal and said some released funds could be used to buy U.S. farm goods.
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