Crypto news: Iran’s and Oman’s foreign ministers met in Muscat and exchanged views on the issue of the Strait of Hormuz. The Iranian Ministry of Foreign Affairs said that Iran’s Foreign Minister Hossein Amirabdollahian led a delegation of political and legal representatives on a visit to Muscat, where he held talks with Oman’s Foreign Minister Sayyid Badr al-Busaidi. During the meeting, the two sides discussed bilateral relations between Iran and Oman across various fields and the regional situation, especially the issue of the Strait of Hormuz. Amirabdollahian and al-Busaidi also exchanged views on appropriate mechanisms to ensure the safe passage of ships through the Strait of Hormuz under the relevant provisions of Article 5 of the Islamabad Memorandum.

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PeacockSpreadsItsFeathersBut
· 3h ago
Oman’s role as a mediator in this round is quite delicate—staying neutral with both sides and still finding a way to make its presence felt.
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FeeMarketMonk
· 4h ago
Geopolitical risk premium probably needs to be pushed higher; keep a close eye on crude oil.
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