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Iran clarifies Strait of Hormuz status, denies reopening despite transit agreement with Oman
Al Jazeera·IR · OM·3 days ago
Prediction markets show increased probability of normalized traffic through the Strait of Hormuz by 2027-2028, following Iranian claims of a revenue-sharing agreement with Oman. The reliability of this deal remains unverified, and it is unclear if such an arrangement would satisfy international maritime security requirements.
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