Business
Iran eases transit rules in Strait of Hormuz, sets conditions
Iran is easing restrictions on transit through the Strait of Hormuz, saying vessels not deemed hostile and not supporting military action against Tehran may pass, according to its mission to the United Nations.
Ships must comply with Iranian security regulations and coordinate their passage with relevant authorities, it said late on Tuesday.
Tehran has repeatedly attacked vessels in the waterway, effectively closing off a key shipping route for global oil and gas supplies.
The narrow passage between Iran and Oman is the only link between the Gulf and the world’s oceans.
It is regarded as one of the most important shipping routes globally, with around 20 percent of the world’s oil supply normally passing through it.
dpa/NAN.
-
News21 hours agoMilitary brass ignored Abacha’s burial plans, lobbied for succession – Abdulsalami
-
Sports21 hours agoFIFA must never compromise football’s universality – Sepp Blatter
-
News21 hours agoNigerian youths condemn Major Gen Rabe Abubakar’s killing
-
Metro21 hours agoAppeal Court’s President under fire over special Saturday sitting in hometown
-
Politics21 hours ago2027: APC shuts door on primary results review
-
Sports21 hours agoFrom Bauchi to Brighton: The making of Nigeria’s new wonderkid Yohanna
-
News21 hours agoGunmen kill 20 in Kebbi community
-
News21 hours agoAbiola died while Abubakar tried to secure his release —Obasanjo
