The Strait of Hormuz has officially reopened for international shipping following the finalization of the peace agreement between the United States and Iran. Former U.S. President Donald Trump announced that […]
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Iran has announced that international ships passing through the strategically important strait will soon be required to pay service charges. Iranian Foreign Minister Araghchi said that while international maritime laws […]
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The global price of Brent crude oil rose sharply to 111 dollars per barrel due to a shortage in crude oil supply, creating concern among many countries around the world. […]
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