Oman, UK, and France agree to keep Strait of Hormuz open for oil shipping
By
Molly Stubbs
Summary
Oman has agreed to collaborate with the UK and France to ensure the Strait of Hormuz remains open for shipping. The strait, through which a fifth of the world's oil flows, was blockaded during the height of the Iran-US-Israel war, causing global fuel prices to rise. It has since reopened as part of a fragile ceasefire involving Tehran.
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Key quotes
· 3 pulledOman has agreed to work with Britain and France to make sure the Strait of Hormuz remains open
The major shipping lane, through which a fifth of the world's oil flows, was blockaded at the height of the war between Iran, the US and Israel, driving up global fuel prices
It has been re-opened as part of the fragile ceasefire between Tehran
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