vessel transit

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    Strait of Hormuz Partially Operational Amidst Ceasefire

    Officials across the Gulf say the immediate relief comes from the reduced threat to civilian infrastructure, particularly desalination plants, power grids, and energy facilities in the UAE and Saudi Arabia. However, the reopening of the Strait of Hormuz remains operationally complex despite the...
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    Energy Markets React to Strait of Hormuz Transit Changes

    March 31, New Delhi – The Iranian parliamentary commission has approved plans to impose tolls on vessels transiting the Strait of Hormuz.According to state media, the proposal includes financial arrangements in local currency, cooperation with Oman, and also includes the "prohibition of...
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