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Ministry of Transport to get R&D funding of $800 million, double the funding over the past 5 years

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“Iran is just out of the picture.” National security analyst Dr. Rebecca Grant says U.S. military operations have dramatically shifted the balance in the Strait of Hormuz, arguing Iran no longer has meaningful control over one of the world’s most important shipping lanes. The comments come as a new round of negotiations between the U.S. and Iran get underway in Switzerland, with discussions expected to focus on Tehran’s nuclear program, regional security and maintaining stability in the Gulf.

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