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Rezaei stated that vessels would only be allowed to pass through the critical waterway in coordination with Iranian authorities, signalling tighter oversight of maritime traffic. He added that "hostile military vessels", particularly those from the United States and Israel, would be barred from passage entirely, while "friendly" ships could transit subject to prior coordination with Iranian forces.

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Indian Oil Corporation, Bharat Petroleum Corporation and Hindustan Petroleum Corporation decline as Strait of Hormuz concerns weigh, while higher windfall tax offers partial support.

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Iran Allows Non-Hostile Ships Through Strait of Hormuz with Strict Conditions