#IranSaysHormuzOmanDealNotFinalized đš IRAN AND OMAN MAY HAVE JUST FOUND A WAY TO REOPEN HORMUZ.
Iran says it has reached an agreement with Oman on sharing revenues from the Strait of Hormuz.
The two countries are also working on a framework for commercial shipping through the waterway.
If this turns into a workable reopening, the impact could go far beyond Iran and Oman:
Oil supply.
Shipping costs.
Inflation.
Global markets.
The Strait of Hormuz remains one of the most important chokepoints in the global economy.
$SUI $DOT $ICP
Iran says it has reached an agreement with Oman on sharing revenues from the Strait of Hormuz.
The two countries are also working on a framework for commercial shipping through the waterway.
If this turns into a workable reopening, the impact could go far beyond Iran and Oman:
Oil supply.
Shipping costs.
Inflation.
Global markets.
The Strait of Hormuz remains one of the most important chokepoints in the global economy.
$SUI $DOT $ICP
