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The Economic Times

Top News / The Economic Times

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Iran ready to let Japanese vessels transit Hormuz, Kyodo reports

Iran has indicated readiness to allow Japanese vessels passage through the Strait of Hormuz. This vital oil route is crucial for Japan's energy needs. Talks are underway between Tehran and Tokyo regarding the strait's opening. The ongoing conflict and rising oil prices have prompted global action. Japan relies heavily on Middle Eastern oil imports via this waterway.

21 Mar 2026 7:39 am