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hormuz passage deal not feasable

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https://www.timesofisrael.com/liveblog_entry/proposed-hormuz-passage-deal-not-feasible-for-shipping-industry-sources-say/

AFP)

A proposed deal between Iran and Oman that would give Tehran control over ships entering the Gulf through the Strait of Hormuz is not easily workable due to US sanctions and restrictive insurance clauses on any payments, four industry sources tell Reuters.

Before the outbreak of the US-Israeli war with Iran in late February,  the narrow waterway between the Gulf and the Indian Ocean was the main route for about a fifth of world oil supplies and other vital goods. It was freely open to all ships with no fees.

Control of the strait has been the biggest sticking point in efforts to end the conflict.

So it stays closed ,oil prices not coming down anytime soon,

Trump ,does he know less than 90 days to the midterms...

or is he too engrossed in his vanity projects and his new hair

regards Worgeordie

9 minutes ago, worgeordie said:

So it stays closed ,oil prices not coming down anytime soon,

Oh well. Look on the brightside, at least were "saving the world" with the high oil prices the left used to call for.

Be careful what you wish for?🤣

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