Oil prices rise amid uncertainty over Strait of Hormuz agreement

The Daily Journal.- Oil prices rose on Friday amid growing uncertainty over a potential agreement between Iran and Oman to reopen the Strait of Hormuz. The market, which had hoped for an imminent solution earlier in the week, turned nervous again after Tehran signaled its intention to ban U.S. and Israeli vessels from passing through […]

Continue Reading

Administration of the Strait of Hormuz will be a regional matter between Iran and Oman

The Daily Journal — The future administration of the Strait of Hormuz will be addressed as a regional matter through dialogue and joint decision-making between Iran and Oman, Iran’s official news agency IRNA reported on Friday. Earlier in the day, local media outlets disclosed details of a draft agreement between Washington and Tehran that includes […]

Continue Reading