Geopolitics

Oman's Foreign Ministry says continues its transparent and neutral cooperation with all parties to restore freedom of navigation in the Strait of Hormuz; calls on all parties to respect and abide by international law regarding navigation in Hormuz

StockNow breaking-news AI analysis

Oman emphasizes neutrality as the U.S. initiates a naval blockade on Iran and proposes 20% transit fees, while Iranian retaliations have severely reduced maritime traffic in the Strait.

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