Iran’s representative to the U.N. maritime agency declared the Strait of Hormuz open to all shipping, except vessels linked to “Iran’s enemies.” Ali Mousavi emphasized Iran’s commitment to maritime safety and diplomacy, urging an end to hostilities for regional stability amidst ongoing tensions with the U.S. and Israel.
The Bombay High Court has allowed the owners of three ships seized by the Indian Coast Guard to deliver essential supplies to their crew. The vessels were detained for suspected illegal petroleum transfers. The court’s ruling ensures crew members receive necessary provisions while investigations into the alleged smuggling continue.
On Friday, the U.S. Treasury’s OFAC introduced a general license allowing the sale and delivery of Iranian crude oil already loaded onto vessels. This aims to relieve global energy market strain amid Middle East conflicts. The measure permits oil transactions without new purchases, maintaining sanctions on Iran’s revenue and specific regions.
