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All ships can sail through the Strait of Hormuz but this needs to be coordinated with Iran’s Islamic Revolutionary GuardCorps (IRGC), a senior Iranian official told Reuters, adding that unfreezing Iranian funds was part of the deal.
(Bloomberg) — A Greek shipowner whose vessels have repeatedly braved the Strait of Hormuz during the Iran war sent through its biggest oil supertanker since the start of the conflict....
Don’t be fooled by the latest declaration that the Strait of Hormuz is “open.” Many things still need to be put in place for that to truly happen. There is a lot of bluster right now—don’t get caught up in it.
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