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The Economic Times

Top News / The Economic Times

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View: US and Iran have the blueprints for a Strait of Hormuz deal

The Strait of Hormuz is no longer a free waterway. A recent ceasefire pauses a conflict that highlighted its importance. Future governance will require diplomatic skill. The strait's status has changed, impacting global energy supplies. Solutions may involve models from other straits, allowing coastal states rights while preserving navigation. Iran seeks control, but bypass options for oil are growing.

9 Apr 2026 5:16 pm