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US official says Iran is over reaching with demands that Oman, US and the international community are rightly rejecting on Strait of Hormuz

StockNow breaking-news AI analysis

The U.S. and allies have rejected Iran's Strait of Hormuz toll demands, favoring a coordination deal without fees. Oil prices fell below $86 as diplomatic talks through Oman continue.

News detail

Deal being discussed is a coordination deal, there are no tolls and no fees.

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