Cargo ships
Iran Carves Out Strait Of Hormuz Exemptions For China, India, Iraq, Qatar
Iran Carves Out Strait Of Hormuz Exemptions For China, India, Iraq, Qatar In a significant albeit underreported development for global energy, and for the US-Iran standoff in the Persian Gulf, Iranian parliament has this week announced it is exempting several key trading partniers from its oil transit restrictions in the Strait of Hormuz.The move was first unvieled Tuesday by Ahmad Hayat-Moghaddam, Vice Chairman of the Iranian Parliament’s National Security and Foreign Policy Committee, at a moment Iranian export flows are struggling under the many months-long US naval blockade of