Iran and Oman agree to normalize Strait of Hormuz maritime traffic after crisis cut daily vessel counts from 140 to single digits since February 2026.

A "toll free" reopening of the Strait of Hormuz, following a US-Iran ceasefire agreement, promises significant relief for India's crude oil imports. This normalization is expected…

"Early indications suggest this may depend on Iran clearing naval mines over an initial 30-day period."