Iran Wants to Bar US, Israeli Ships From Hormuz in Deal
AI Summary
Iran plans to restrict US and Israeli vessels from traversing the Strait of Hormuz and is negotiating an Iran-Oman deal to require hostile countries to pay compensation. This move could escalate regional tensions and affect international shipping.
Iran will seek to bar US and Israeli ships from the Strait of Hormuz and require compensation from hostile countries before they’re allowed to sail through it, according to local media reports on a proposed Iran-Oman deal. Bloomberg's Abeer Abu Omar has the latest. (Source: Bloomberg)