Iran says Iraqi ships can pass Strait of Hormuz as transits tick up
Tehran says Iraq will face no restrictions in waterway, praising country’s ‘struggle’ against the US.

Tehran says Iraq will face no restrictions in waterway, praising country’s ‘struggle’ against the US.





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Countries in the Middle East have ramped up oil exports via pipelines to bridge the Strait of Hormuz gap.
Iran has blocked the passage of vessels carrying 20 percent of the world’s oil and liquefied natural gas supplies.
Tehran’s statement on opening of key waterway comes as US President Trump says talks are taking place to end the war.
Members of the International Energy Agency have agreed to release 400 million barrels of oil from strategic reserves.
Donald Trump’s Strait of Hormuz deadline for Iran raises concerns about attacks on energy in the Middle East.
Lloyd’s List reports that ships could be allowed to pass through ‘safe corridor’ once they are approved by IRGC.
The move allows foreign-flagged vessels to transport goods between US ports for the next 60 days.
There are fears that a period of elevated oil and gas prices could trigger a damaging wave of global inflation.
A critical fertiliser shortage threatens global food security amid Iran war.
From the Strait of Hormuz to the Strait of Malacca, we examine 10 of the most important waterways used for global trade.