Oil prices fall as Iran signals safe passage for ‘non-hostile’ ships through Strait of Hormuz
... Iran’s mission to the United Nations said Tuesday that “non-hostile vessels” would be able to pass through the strategically vital Strait of Hormuz, provided they coordinate “with the competent Iranian authorities.”
The social media post appears to establish a protocol that has emerged in recent days, with some ships from China, India and Pakistan able to pass through the waterway as Iran flexes control over it. ...
