Iranian Minister of Foreign Affairs Abbas Araghchi said the administration of the Strait of Hormuz would no longer operate as it did before the war, adding that the waterway falls “under the sovereignty of Iran and Oman”.

Despite Iran’s announcement of a blockade of the Strait of Hormuz, the United States says the strategic waterway remains open to shipping. As military tensions persist, Washington…

Iranian Foreign Minister Abbas Araghchi says the Strait of Hormuz has become one of Tehran’s “most important deterrent tools”, warning that the strategic waterway will not return…

Iranian Minister of Foreign Affairs Abbas Araghchi said the administration of the Strait of Hormuz would no longer operate as it did before the war, adding that the waterway falls…

Araghchi added that the Strait of Hormuz would not return to the pre-war era, with Iran and Oman maintaining sole sovereignty over the critical waterway.

Iran's new Strait of Hormuz agreement includes crypto toll payments via the Persian Gulf Strait Authority, raising sanctions evasion concerns for investors.