"Iran has created a government agency to vet and tax vessels seeking passage through the crucial Strait of Hormuz, a shipping data company reported Thursday, as Tehran said it was reviewing the latest U.S. proposals for ending the war."
"The Iranian effort to formalize control over the channel raised new concerns about international shipping, with hundreds of commercial ships bottled up in the Persian Gulf and unable to reach the open sea. Still, hope that the two-month conflict could soon be over buoyed international markets."
"Iranian Foreign Ministry spokesperson Esmail Baghaei said the Islamic Republic was reviewing messages from Pakistan, which is mediating peace negotiations, but Iran "has not yet reached a conclusion, and no response has been given to the U.S. side," Iranian state TV reported."
"Trump also suspended an attempt by the U.S. military to open a safe passage for commercial ships through the strait, saying the pause would allow more time to reach a peace agreement. An official in Saudi Arabia said Thursday that the kingdom and U.S. ally refused to support Trump's effort to reopen the strait by force."
Iran created a government agency to vet and tax vessels seeking passage through the Strait of Hormuz. The move raised concerns for international shipping, with many commercial ships delayed in the Persian Gulf and unable to reach open sea. Iran said it was reviewing messages from Pakistan, which is mediating peace negotiations, and had not yet concluded or replied to the U.S. Explosions were reported near Bandar Abbas in southern Iran, without identified sources. The U.S. sent mixed signals, with threats of bombing if Tehran rejected a deal tied to resuming oil and natural gas shipments. The U.S. also suspended an effort to open safe passage through the strait, and Saudi Arabia reportedly refused to support reopening by force.
#strait-of-hormuz #iran-us-negotiations #maritime-shipping #ceasefire-and-conflict #oil-and-gas-shipments
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