OIL TRANSIT

On the last Monday of April, a meeting took place in Washington where the U. S. president and his security team reviewed a potential deal with Iran. The proposal suggests keeping the Strait of Hormuz open for oil shipments while postponing talks about Iran’s nuclear program. This idea aims to addres

Iran is looking at a new plan that would charge ships for using the Strait of Hormuz, a move that could turn the narrow waterway into a source of revenue for Tehran. The idea comes as Iran has already been stopping vessels it says are linked to its enemies from passing through the strait since th