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Iran-Oman Hormuz plan said to forbid U.S. passage; Iran attacks ’hostile’ targets

Iranian media on Thursday said a framework agreement between Tehran and Oman over the management of the critical Strait of Hormuz would prohibit passage of U.S., Israeli, and hostile vessels until compensation was paid. Separately, there were reports of Iranian attacks in the vital waterway. Market participants have been keenly awaiting any headlines on progress ...

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