Iran seeks to bar US and Israeli ships in Hormuz deal with Oman

INTELLIGENCE SUMMARY

Iran will seek to bar US and Israeli ships from the Strait of Hormuz and require compensation from hostile countries before they’re allowed to sail through it, according to local media reports on a proposed Iran-Oman deal to manage the crucial waterway. The agreement has become key to expectations for a reopening of Hormuz and a resumption of energy flows that have been throttled since the US and Israel attacked Iran in February. “That’s clearly not going to go down well in Washington,” said...