The world’s largest international shipping association, Baltic and International Maritime Council BIMCO, has issued an alert. This alert is regarding ships passing through Hormuz. He said that despite the agreement reached last night, the passage of ships through the Strait of Hormuz is still risky.

He said that the statements of America and Iran are not yet clear. Adequate information has not been given in them about important things like time and safe routes. Given the lack of information and old assurances that generate too much hope. We believe that the security situation for the shipping industry still remains fluid.

Crude oil prices fell after the deal

The deal draft will provide temporary relaxation in restrictions on Iran’s oil exports. Apart from this, America can also release frozen Iranian assets worth $25 billion. A consensus has been reached regarding this. Let us tell you that the resumption of movement of LNG from Hormuz will provide great relief from the increased gas prices and supply shortage in Europe and Asia from March. Due to this, the crude oil market also declined and Brent crude fell by more than 4 percent in early trading.

US-Iran Deal: The end of the horrific war in the Middle East is near, the next 60 days are very important, know why?

Pakistan PM announced the agreement

An agreement has been reached between America and Iran. This was announced by Pakistan PM Shahbaz Sharif. President Donald Trump also shared a statement related to this on social media Truth. In this he said that an agreement has been reached between America and Iran.

Iran’s Deputy Foreign Minister has confirmed this agreement. For the last 107 days, military conflict, negotiations, ceasefire and diplomatic efforts have been made between America and Iran.

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