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Breaking Posted 56 min ago

Iran and Oman Agree on Hormuz Transit Safety Coordinates

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Iran's Foreign Ministry confirmed an agreement with Oman on geographical coordinates for safe shipping routes through the Strait of Hormuz and how to present the accord internationally. Geopolitical de-escalation in the critical energy chokepoint could ease oil-price pressure and support risk sentiment, benefiting commodity-linked currencies like CAD and AUD.
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