GeopoliticsIMPORTANT

US official says Strait of Hormuz is an international waterway, not one party controls the lanes or transits through them

StockNow breaking-news AI analysis

The US maintains the Strait of Hormuz is international. A temporary Iran-Oman deal establishes new corridors and a demining period, though oil flows remain limited as long-term fee disputes persist.

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Temporary routes will be without impediment.

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