Iran and Oman have reached an agreement on the coordinates for a shipping route through the Strait of Hormuz, a move that could help reduce tensions in the strategic waterway.
Agreement details
The agreement was announced on Wednesday, following talks between the two countries. The coordinates define a specific lane for vessels transiting the strait, which is a critical passage for global oil supplies.
Impact on shipping
The deal is expected to provide clarity and safety for commercial shipping, which has faced disruptions in the region. It comes amid ongoing concerns about maritime security and the free flow of trade.
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