Iran Reviews Hormuz Deal Barring US, Israeli Ships as Energy Flows Stay Throttled Since February
Updated
Updated · Bloomberg · Aug 6
Iran Reviews Hormuz Deal Barring US, Israeli Ships as Energy Flows Stay Throttled Since February
3 articles · Updated · Bloomberg · Aug 6
Summary
Iran’s parliament is reviewing a proposed Iran-Oman agreement that would bar US and Israeli ships from the Strait of Hormuz and require compensation from hostile countries before passage.
Fars said the draft also bans Israel-related cargo and sets fees for services including insurance and environmental costs, outlining how Tehran would manage any reopening of the waterway.
The proposal has become central to expectations for restarting traffic through Hormuz, where energy flows have remained constrained since US and Israeli attacks on Iran in February.