Iran is set to unveil a new restricted area in the Gulf along with updated shipping corridor maps. This announcement comes on the heels of recent attacks on vessels that have significantly impacted oil prices. The designated zone will stretch from the U.S. blockade into parts of the Gulf, with any ships entering it facing sanctions. Additionally, starting Tuesday, Iran plans to increase gasoline prices for high-usage consumers.
Read more at the source
Disclaimer: The content of this post is sourced from external sites and is for informational purposes only. All rights and credits belong to the original authors and publishers.