The first tankers carrying Iranian oil exited a US blockade in the Strait of Hormuz, a tracking website said on Wednesday, two days before Washington and Tehran launch talks on an agreed peace deal still scant on details — including Iran’s nuclear programme and the lifting of sanctions. The talks on a final settlement are set to begin Friday at Switzerland’s Burgenstock mountain resort, as news that the Hormuz Strait will reopen sent world oil prices tumbling.

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