Iran says draft MoU with U.S. demands blockade lift in return for restoring Hormuz shipping -- media-

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…

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…