Iran plans new Gulf restricted zone and Strait of Hormuz shipping corridor

Iran said it will announce a new restricted zone in the Gulf in the coming days, along with maps of a new shipping corridor through the Strait of Hormuz, as a weekend exchange of strikes on shipping sent oil prices higher on Monday. The new restricted zone will begin from where…

To respect copyright, we link to the source rather than republishing the full text. Read the complete article on Cyprus Mail.