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Filed 2 months, 1 week ago
Iran and Oman Work on Deal for Hormuz Strait Shipping
IRAN, 16 August
By John_Doe
195 words
A view of cargo ships navigating the narrow Strait of Hormuz.
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Bloomberg.com
Iran says they are close to an agreement with Oman to manage ships in the Strait of Hormuz, a key waterway for global oil.
Iran and Oman are moving toward a new deal to manage the Strait of Hormuz. This is a very narrow but very important stretch of water. It is where much of the world's oil travels by ship. Talks are happening while tensions in the region stay high. Recently, there have been several attacks on ships in the area. Iran claims they have reached a basic agreement with Oman on how to handle shipping routes through the Strait. Meanwhile, Iran is also pushing back against the United States. Iranian officials recently said that Donald Trump made a "miscalculation" regarding how they handle the Strait…