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The Financial Times reported that the United States has requested oil tankers passing through the Strait of Hormuz to sail at designated times to ensure their military protection, following increased Iranian nighttime attacks on ships. Since May, Washington has been providing aerial protection for ships along the Oman coast route, and this protection has been reduced to two periods per day since September. Iran announced that it will hold talks with Gulf countries in Oman to bolster regional security, amid tensions stemming from the past closure of the strait, which handles around 20% of the world's oil. Iran is conditionally allowing passage upon receipt of a transit permit and has introduced fees for ships that violate these conditions. While tensions remain high, their impact is evident in rising oil prices.
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