Strait Of Hormuz (ANI image) Iran and Oman are moving forward with plans to introduce payments for merchant vessels transiting the strategic Strait of Hormuz, despite strong objections from the United States.Oman has submitted a proposal outlining a framework under which shipping companies would pay service fees for using the Strait of Hormuz, according to … Read more
Iran on Monday asserted that it remains fully capable of safeguarding the Strait of Hormuz, saying there is no need for foreign intervention in the strategic waterway, while dismissing reports of imminent direct talks with the United States.Speaking at his weekly press briefing, Iranian Foreign Ministry spokesperson Esmaeil Baghaei said Tehran was “fully aware of … Read more
Tankers and cargo vessels are seen in the Gulf of Oman, along shipping routes linking the Strait of Hormuz and the Arabian Sea, Tuesday, June 16, 2026. (AP Photo) Modern supply chains were built for a world where ships could move freely, insurance stayed cheap and the shortest sea route was usually the safest bet.The … Read more