Proposed Hormuz passage deal not feasible for shipping industry: Report
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Source: Middle East Eye
Published: 2026-09-05 22:09 UTC+10:00
Section: General
Factuality Score: 100
Opinion Category: Neutral
Topics: Middle East, Iran
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Snippet:
A proposed deal between Iran and Oman that would give Tehran control over ships entering the Gulf through the Strait of Hormuz is not easily workable due to US sanctions and restrictive insurance clauses on any payments, four industry sources told Reuters.
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