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Navigation, jurisdiction, costs: Iran, Oman attempt to hammer out Hormuz deal

Iran and Oman are holding talks to try to reach an interim agreement for a controlled resumption of navigation in the Strait of Hormuz. The two countries have discussed a framework for a “temporary corridor” for shipping, according to a joint statement by the Iranian and Omani foreign ministries. But the plan faces several hurdles.

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Navigation, jurisdiction, costs: Iran, Oman attempt to hammer out Hormuz deal — SignalPop