Yonhap Infomax NewsIran's Deputy Foreign Minister announces draft protocol with Oman for safe passage through Strait of Hormuz, triggering sharp decline in WTI crude prices from $111 to $106 per barrel as markets anticipate resumption of maritime traffic through the strategic waterway.
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https://en.infomaxai.com/news/articleView.html?idxno=113552
Iran Drafting 'Safe Passage Through Hormuz' Protocol, Oil Prices Pare Gains
Iran's Deputy Foreign Minister announces draft protocol with Oman for safe passage through Strait of Hormuz, triggering sharp decline in WTI crude prices from $111 to $106 per barrel as markets anticipate resumption of maritime traffic through the strategic waterway.