‘Hormuz can never return to pre-war state’, says Iran; agrees to set up ‘telephone hotline’ for waterway

‘Hormuz can never return to pre-war state’, says Iran; agrees to set up ‘telephone hotline’ for waterway

Iran and US established a hotline for the Strait of Hormuz under Iranian management to prevent shipping misunderstandings. Tech leaders gain supply chain stability and clearer infrastructure cost forecasting for global operations.