
Iran and Oman Negotiate Strait of Hormuz Shipping Corridor Amid Geopolitical Tensions
Iran and Oman are negotiating a shared revenue agreement to keep the strategically vital Strait of Hormuz open for commercial shipping. The diplomatic efforts aim to ease global supply fears as Kuwait and Qatar increase oil exports through the waterway despite ongoing regional tensions.
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Kuwait and Qatar Add to Growing Oil Flows Getting Through Hormuz
Kuwait and Qatar — two of the Persian Gulf’s smaller oil producers — are sending more crude through the Strait of Hormuz, adding to an increase in shipments that are keeping global prices in check.
By Yongchang Chin and Alex Longley
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Amid US threats against Tehran's trading partners, Beijing asserts its firmness while seeking to avoid escalation just one month ahead of a new meeting between Xi Jinping and Donald Trump.
Read full article →Iran, Oman discuss shipping corridor in Strait of Hormuz | What we know of the talks
They have yet to agree on the conditions for the waterway's reopening as the Middle East war nears the six-month mark, but talks are ongoing.
Read full article →Oman and Iran ‘still working on deal’ to share Strait of Hormuz revenues
Donald Trump warned country not to co-operate with Tehran over waterway
By Parisa Hafezi and Jana Choukeir
Read full article →Iran says Oman deal would share Hormuz revenues, bar military vessels - Arab News
Iran says Oman deal would share Hormuz revenues, bar military vessels Arab News
Read full article →Kuwait, Qatar Ramp Up Hormuz Oil Flows As Oman-Iran Talks Ease Supply Fears
Kuwait, Qatar Ramp Up Hormuz Oil Flows As Oman-Iran Talks Ease Supply Fears Brent crude futures fell to an intraday low of $86.22 a barrel early Thursday before recovering above $88 by 0630 ET. The benchmark is down 6.3% this week as traders unwind part of the war-risk premium amid growing optimism that renewed diplomatic efforts involving Iran, Oman and Qatar could reduce the threat of drone attacks on tankers in the critical waterway. Bloomberg reported earlier that Kuwait ...
By Tyler Durden
Read full article →Iran War: Bloomberg Claims High Oil Flows Through Hormuz as Iran Threatens for Real Closure; Diesel Stress Rises as Canada Oil Exports to Fall Near Term; Investors Diss Bessent Treasury Meddling, Finger Inflation as the Issue
Today's Iran war news: Diverging claims on Strait of Hormuz oil transits as Iran vows tight closure and investors trash Bessent Treasury meddling.
By Yves Smith
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