A Thai ship crossed the Strait of Hormuz thanks to cooperation between Iran and the Sultanate of Oman, Al Jazeera reports citing Tasnim
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Context
The crossing of a Thai ship through the Strait of Hormuz, facilitated by cooperation between Iran and Oman, may indicate a warming of relations in a geopolitically sensitive area. This development could reassure markets regarding the stability of oil transport through the strait, which is crucial for global energy supply and may influence WTI prices by easing fears of disruptions.
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