Iran has indicated the Strait of Hormuz will reopen under new conditions set by Iranian and Omani authorities, potentially including transit fees for services. This comes as oil flows remain constrained following the US-Israeli conflict. Iran has indicated the Strait of Hormuz will reopen under new conditions set by Iranian and Omani authorities, potentially including transit fees for services. This comes as oil flows remain constrained following the US-Israeli conflict.
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100 days of Middle East crisis: What happens when the Strait of Hormuz opens
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