Iran's Parliament is reviewing a bill to permanently ban US, Israeli and other hostile vessels from the Strait of Hormuz
The move comes amidst conflicting signals from Washington and Tehran, with US President Trump claiming a final deal is 'close' while Iranian officials seek to escalate the blockade. The bill is reportedly backed by a flurry of drone and missile strikes in the Strait, keeping oil markets on edge. Separately, Iran and Oman have agreed on coordinates for a proposed shipping corridor, though Iranian officials noted key details remain unresolved.
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