Iran's Deputy Foreign Minister Gharibabadi: An agreement with Oman does not mean implementing Article 5 of the Islamabad Memorandum of Understanding.

05 Aug 2026 16:45Energy US Bonds US Indexes USD
  • Article 5 stated that if the Strait of Hormuz were to be opened, which was the responsibility of Iran, Iran would take measures to open the Strait for the passage of commercial ships free of charge for a period of 60 days.