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Iran is reviewing “concrete proposals” on its nuclear program, according to officials cited by the New York Times and relayed by First Squawk. The disclosure signals a possible opening in negotiations over Tehran’s atomic work, though no terms, timelines or parties to the proposals were specified. The headline matters for markets because any de-escalation could ease the geopolitical risk premium embedded in oil and broader risk assets. Traders will watch for follow-up confirmation from U.S. or Iranian officials and for any detail on enrichment limits or sanctions relief.

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Iran, NYT