https://www.taxtmi.com/news?id=73436 The reopening of the Strait of Hormuz restores a critical global energy chokepoint after months of disruption that had restricted shipping, pushed up crude prices and raised concerns over energy security. The memorandum of understanding contemplates free passage of commercial vessels through the Strait for a limited period, with full normalisation expected after mines and other technical obstacles are cleared. It also contemplates talks with Oman and other regional actors on longer-term administration. en-us Fri, 19 Jun 2026 17:31:03 +0530 Fri, 19 Jun 2026 17:31:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=73436 The reopening of the Strait of Hormuz restores a critical global energy chokepoint after months of disruption that had restricted shipping, pushed up crude prices and raised concerns over energy security. The memorandum of understanding contemplates free passage of commercial vessels through the Strait for a limited period, with full normalisation expected after mines and other technical obstacles are cleared. It also contemplates talks with Oman and other regional actors on longer-term administration. News - Fri, 19 Jun 2026 17:31:03 +0530 https://www.taxtmi.com/news?id=73436