Iran plans to strengthen control over the Strait of Hormuz, but the relevant agreement faces implementation challenges due to U.S. sanctions
2026-08-06 16:40
Odaily News: Four industry sources say that a proposed agreement between Iran and Oman would grant Tehran control over vessels entering the Gulf through the Strait of Hormuz, but the agreement is difficult to implement due to U.S. sanctions and restrictive insurance clauses on any payments. (Reuters)
