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Iran Seeks to Bar US Ships as Deal With Oman Advances

Geopolitics & WarTrade Policy & Supply ChainSanctions & Export ControlsEnergy Markets & Prices

Iran is reported to be seeking to bar US and Israeli ships from the Strait of Hormuz and to require “compensation” from hostile countries before they can use the waterway, via a proposed Iran–Oman deal. If implemented, the move raises near-term shipping and energy-supply risk at a key oil chokepoint, adding pressure to energy prices and regional risk premia.

Analysis

Iran is reported to be seeking to bar US and Israeli ships from the Strait of Hormuz and to require “compensation” from hostile countries before they can use the waterway, via a proposed Iran–Oman deal. If implemented, the move raises near-term shipping and energy-supply risk at a key oil chokepoint, adding pressure to energy prices and regional risk premia.

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