
Iran Focus
London, 25 Mar – On Sunday, the United States made a strategic port deal with Oman that will provide the US military with better access to the Gulf region and reduce the need to send ships through the narrow Strait of Hormuz, according to US officials.
This is important because, in the wake of the US withdrawal from the 2015 nuclear agreement and imposing sanctions on Iran’s oil, Iran threatened to shut off the Strait of Hormuz, which is just off Iran’s coast. Given that 20% of the world’s oil supply travels through the waterway, this could mean huge delays or shortages as tankers find an alternative route, which would only increase oil prices.


