Iran nears Strait of Hormuz deal
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A cargo ship reports it has been hit by a projectile off the coast of Oman in the Strait of Hormuz. The United Kingdom Maritime Trade Operations Center says the report came overnight.
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Shipping traffic through the Strait of Hormuz has dwindled to 33 vessels from Monday to Thursday this week, data showed, versus 50 in the week-ago period, as markets
There are competing routes through the strait and what’s on the table appears to involve merging them – with Iran retaining a level of control that would be at odds with US wishes.
Iran says it’s in the final stage of drafting an agreement on the Strait of Hormuz waterway with Oman, while two Israeli soldiers have been killed in Lebanon. Here’s a look at the latest developments in the Iran war and the wider Middle East on Thursday.
Oman and Iran remain locked in negotiations about the future of the Strait of Hormuz, potentially running past the Thursday time frame expected by President Donald Trump. The foreign ministries of both nations confirmed Thursday that the geographic coordinates for a maritime route through the strait have been agreed upon,