Iran says it will allow Japanese ships to transit the Strait of Hormuz
Japan sources more than 90 percent of its crude oil imports from the Middle East and is heavily dependent on exports transiting the key waterway. Lloyd’s List, a shipping and maritime information service, separately reported that 10 ships have transited the strait by sailing close to Iran’s coastline – a route that is emerging as a “safe corridor” for shipping. As the war on Iran hits three weeks, a handful of countries – among them US allies – have already started lobbying Tehran to reopen the...
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