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Houthis Fire On Saudi Vessel, More Ships Make U-Turns, After 'MoU Revival' Hype Returns
Houthis Fire On Saudi Vessel, More Ships Make U-Turns, After 'MoU Revival' Hype Returns
Summary
Hormuz indirect talks continue amid reports of a possible resurrected MoU deal.
Shipping remains stalled with virtually no tanker traffic through Hormuz.
Iran insists Hormuz stays closed unless its terms are accepted.
Houthis escalate attacks, prompting more ships to avoid the Red Sea.
Shipping Latest: Bab El Mandeb & Hormuz
Iran has reaffirmed that if Oman does not agree to its terms for the Strait of Hormuz, the the vital oil transit waterway will remain closed, per Iran's Deputy Foreign Minister. This also...
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