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Iran agrees Hormuz telephone hotline with US but says strait will never return to pre-war state
Hindustan Times··23 Jun
Hindustan Times reported that chief negotiator Mohammad Bagher Ghalibaf on June 23 said Tehran and Washington reached coordination mechanisms during Switzerland talks, while declaring the waterway will be managed under Iranian arrangements after the conflict.
Prism
What It Means For You
- Hormuz shipping affects global fuel prices and supply.
- A hotline may reduce accidental maritime incidents.
- Oil markets watch whether traffic returns to normal levels.
What's Happening
- Iran agreed to a Hormuz coordination hotline June 23.
- Ghalibaf says management will stay under Iranian control.
- About two dozen ships transited in the past 24 hours.
Ceasefire Framework
- A US-Iran MOU aimed to end the broader war.
- Hormuz was to reopen toll-free for 60 days.
- Sanctions on Iranian oil exports were partially eased.
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