Iran, Oman Near ‘Safe Route’ Deal in Strait of Hormuz: Report
Iran and Oman are nearing a deal on safe shipping routes through the Strait of Hormuz amid rising U.S.-Iran tensions.
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Why It Matters
Iran and Oman are working on a plan to keep ships safe in a busy waterway between their countries. This matters because when shipping routes feel safer, companies that ship things worry less and may spend more on business.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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