Iran rejects France-Oman demining plan for Strait of Hormuz

AI Summary

Iran rejected a France-Oman plan for demining the Strait of Hormuz, leading to gains in oil prices. French President Macron had proposed the collaboration after the International Maritime Organization suspended planned evacuation operations.

Oil prices have gained after Iran rejected any third-party interference on clearing mines laid in the Strait of Hormuz. Earlier this week, French President Emmanuel Macron proposed a collaboration between France and Oman with international partners on demining the Strait of Hormuz. The announcement came after the International Maritime Organization (IMO) suspended the planned evacuation ...