23 Hrs
Source:
البلاد
US-Iran Accord Reopens Hormuz
Increasing optimism about the signing of a peace agreement between the United States and Iran, aimed at opening the Strait of Hormuz and restoring commercial traffic through it, following virtual meetings attended by the American Vice President and the Iranian Speaker of Parliament. The agreement is expected to include measures for reopening the strait to international navigation without fees, which could reduce the risk of regional tensions, restore stability to oil markets that have been significantly affected by recent escalation, and boost Iran's potential exports to the global market.
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