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7 Things

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The $6 billion pause

The news, distilled

Adrian Monck's avatar
Adrian Monck
May 31, 2026
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Washington and Tehran reached a tentative ceasefire memorandum on Friday, offering Iran 30 days to clear Hormuz mines in exchange for $6 billion in unfrozen assets. Hours later the IRGC shot down a US drone and Tehran unveiled a cruise-miss…

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