US anticipates toll-free Strait of Hormuz under new deal, shipping wary

1 min read
Source: CNBC
TL;DR Summary

VP JD Vance says the U.S. expects the Strait of Hormuz to open toll-free long-term under a forthcoming U.S.–Iran deal, while Iran cites a 60-day toll-free window; details remain unclear and shipping groups warn the route remains risky and volatile despite some traffic resuming, with mines and transit protocols as key concerns.

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