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Event Brief

Hormuz transit proposal would shift ships into Iranian waters

A proposed Hormuz deal would replace open transit through the Strait with ships entering Iranian waters.
WHO: Iran and other parties proposing the Hormuz deal
WHAT: Proposed deal to replace open transit with ships entering Iranian waters
WHEN: Reported Aug 7, 2026 at 7:38 PM ET
WHERE: Strait of Hormuz
WHY: To replace the existing 60-year practice of open transit with a new arrangement involving entry into Iranian waters.

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