For India and other major energy importers, any agreement leading to normalisation in Hormuz traffic could ease concerns over supply disruptions and crude price volatility. The waterway remains one of the worlds most critical energy chokepoints, making developments in the negotiations closely watched by global markets.

The U.S. and Iran have agreed to a deal in principle to wind down the war in the Middle East and end the Strait of Hormuz…

Iran has agreed in principle to reopen the Strait of Hormuz in exchange for the United States lifting its naval blockade and resolving issues surrounding Tehran’s stockpile of…

America and Iran are close to a deal to end their war and reopen the Strait of Hormuz. Negotiations are progressing well, with a potential agreement on ending the conflict and…

The United States and Iran are close to a deal to end the ongoing war and reopen the vital Strait of Hormuz. Negotiations are progressing well, with both sides expressing…

Oil drops as US-Iran draft deal signals possible reopening of Strait of Hormuz