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MIDDLE EASTgCaptain3h ago

Shipping Industry Sees Major Obstacles to Iran’s Hormuz Control Plan

A proposed deal between Iran and Oman that would give Tehran control over ships entering the Gulf through the Strait of Hormuz is not easily workable due to U.S. sanctions and restrictive insurance…

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MIDDLE EASTgCaptain4h ago

Iran Says Deal With Oman on Hormuz Agreed in Principle

The wait for an Iran-Oman deal that partially reopens the Strait of Hormuz continued into Thursday, after the Islamic Republic said an agreement on proposed shipping lanes was in the final stages.

MIDDLE EASTFreightWaves5h ago

Reopening: Strait of Hormuz awaits Iran-Oman agreement

Iran is tightly managing vessel traffic through the Strait of Hormuz, but says a deal with Oman to re-open the crude oil chokepoint could be near. The post Reopening: Strait of Hormuz awaits…

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