▲ TrendingThe rescue of over 100 passengers from a burning Indonesian ferry underscores the precarious state of maritime transport in the world's largest archipelago. This incident prompts a…
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Strategic ForesightRecent talks regarding a new shipping route through the Strait of Hormuz have been described as positive by Oman, with both sides suggesting movement. However, the prospect of a genuine, durable breakthrough remains uncertain, given the deep-seated geopolitical rivalries.
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Trending GlobalQatar's foreign ministry spokesman says indirect talks are continuing with the aim of reopening the Strait of Hormuz and preventing further escalation. The diplomatic language is routine; the premise it takes for granted — that the world's most important shipping chokepoint requires reopening — is not.
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Trending GlobalOil prices fell after the US Secretary of State and Treasury Secretary said negotiations had progressed sufficiently for shipments through the Strait of Hormuz to resume. The revealing detail is not the price move but which two officials made the announcement — and who has not yet confirmed it.
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