oil shipping

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    Efforts to Ease Shipping Through Strait of Hormuz

    Oman and Iran have held talks on easing maritime passage through the Strait of Hormuz, as the key global shipping route remains effectively closed amid the escalating West Asia conflict.According to the Oman News Agency, officials from both countries met at the level of deputy foreign...
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    India Among Nations Granted Strait of Hormuz Passage

    Tehran/New Delhi, March 26 Iran has allowed India and a number of other "friendly nations," including China and Russia, to use the Strait of Hormuz for commercial shipping, Iranian Foreign Minister Seyed Abbas Araghchi said.Global oil and gas prices have surged following Iran's near-closure of...
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    Hormuz Strait Tensions Rise as Trump Rejects Iran Deal

    Washington, March 15 – US President Donald Trump has rejected a potential deal with Iran to end the ongoing conflict, saying the proposed terms were “not good enough yet,” even as he called on countries around the world to deploy naval forces to help secure the Strait of Hormuz and keep global...
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    Strait of Hormuz: Iran's Position Amid Tensions

    Cairo, March 15 – The Strait of Hormuz, a key global oil shipping route, remains open and under Iranian control, a senior Iranian commander said, amid rising tensions with the United States and its allies.Alireza Tangsiri, commander of the Islamic Revolutionary Guard Corps (IRGC) Navy, said in...
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    US Steps Up to Address Energy Disruptions in the Strait of Hormuz

    Washington, March 13 – The world is facing a “significant disruption in the short term” to secure long-term global energy flows, US Energy Secretary Chris Wright said, defending Washington’s decision to release oil reserves amid the war involving Iran.“We are in the midst of a significant...
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