Iran Links Hormuz Shipping to Asset Unfreezing Deal
Iran says merchant ships can transit the Strait of Hormuz with IRGC approval as part of a deal. The agreement reportedly includes unfreezing Iranian funds.
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A senior official from Iran has stated that all merchant vessels are permitted to navigate the Strait of Hormuz, provided their passage is coordinated with the Islamic Revolutionary Guard Corps (IRGC). This policy update is reportedly tied to a broader arrangement that includes the unfreezing of Iranian financial assets.
