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Iran-US Hormuz Talks Enter Technical Phase, Oil Drops 3%
Dagens IndustriLO·IR · US·3 days ago
Iran issued a warning to shipping to avoid 'illegal' sea routes in the Strait of Hormuz, signaling potential enforcement actions in a critical chokepoint. The statement also calls for self-restraint and dialogue to end the war, suggesting a diplomatic overture amid heightened tensions. The ambiguity of 'illegal routes' raises uncertainty about possible interdictions or harassment, which could disrupt oil flows.
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