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The Independent UK
The Independent UK
Stuti Mishra

Oil prices fall as Iran says ‘non-hostile’ ships can pass through Strait of Hormuz

Iran has told the United Nations Security Council that “non-hostile” ships may transit the Strait of Hormuz, but shipping data shows traffic through the world's most critical energy chokepoint remains at a fraction of normal levels.

Vessels are also required to seek permission from Iranian authorities before passage.

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