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The US Maritime Administration says that ships flying the American flag should refuse Iranian orders unless it puts their safety at risk; advises them to stay away from Iranian territorial waters

Newsquawk Staff ·

The US Maritime Administration says that ships flying the American flag should refuse Iranian orders unless it puts their safety at risk; advises them to stay away from Iranian territorial waters.

What it means

This directive from the US Maritime Administration highlights increasing tensions and potential risks associated with Iranian orders for American-flagged ships. It signals a cautious approach towards Iranian territorial waters, likely influencing shipping routes and risk perceptions in global markets. Consequently, we might see shifts in oil prices and demand for safe-haven assets as traders react to heightened geopolitical risks.

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