Walter BloombergGeopolitics

IRAN-GULF TALKS UNLIKELY TO PRODUCE HORMUZ DEAL Monday’s meeting between Iran and Gulf states in Oman is not expected to produce a signed a…

IRAN-GULF TALKS UNLIKELY TO PRODUCE HORMUZ DEAL Monday’s meeting between Iran and Gulf states in Oman is not expected to produce a signed agreement on the Strait of Hormuz, a senior Iranian official told Reuters. Tehran still wants the right to collect fees from ships transiting the strait, a demand Oman opposes. The talks come as escalating tanker attacks and regional tensions keep global oil supply risks elevated.
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