<p>Iran proposed managing the Strait of Hormuz through an insurance-based framework that would formalise its control over the critical oil shipping chokepoint, while simultaneously demanding that all vessels file mandatory cargo declarations with a newly created Iranian maritime authority before being permitted to transit. Iran is also quietly negotiating with the Gulf state of Oman &#8230;</p> </p><p><p>https://splash247.com/splash-wrap-shippings-most-frantic-news-cycle-of-the-year/</p></p>