Under the framework, ships will receive emails with transit rules they must comply with to secure permits to pass
Iran has officially launched a new mechanism to oversee maritime traffic through the Strait of Hormuz amid a lingering standoff with the US over the strategic waterway, state outlet Press TV reported on Tuesday.
The move came hours after US President Donald Trump unexpectedly paused ‘Project Freedom’ – in which Western-flagged ships are given military escorts in the strait – just two days after it started.
The strait – which carries around a fifth of global seaborne oil and LNG – has effectively been blocked since US and Israeli…
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