The Age
·general
·3 hours ago
Strait of Hormuz opens toll-free for 60 days under US-Iran agreement
The Strait of Hormuz will be opened toll-free for 60 days under a peace agreement between the US and Iran, signed electronically on Sunday. Senior US officials expect 40 to 50 ships to navigate the passage daily, with long-term operations still subject to negotiations. Iran and Oman plan to impose service fees after the initial period.
Summary by Glance · The Age
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