Clarifications needed before any Strait of Hormuz transit, Norwegian shipowners’ association says

Several factors must be clarified before any transit through the Strait of Hormuz can be assessed, including the presence of sea mines, Iranian conditions and practical implementation, the Norwegian Shipowners’ Association says.

Iran’s Foreign Minister Abbas Araqchi said earlier Friday that the Strait of Hormuz was open to all commercial vessels for the remainder of a Lebanon ceasefire accord, prompting commodity prices to fall while stock markets rose.

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