11,000 Sailors Were Trapped at Sea -- Now a Toll Fight Could Trap Them Again
For nearly four months, roughly 11,000 merchant sailors have been stranded aboard hundreds of ships in the Persian Gulf, unable to sail home because Iran effectively shut the Strait of Hormuz. The US-Iran deal is finally freeing them -- 42 ships moved through on Saturday alone -- but a quiet dispute over who controls passage could re-trap them. This is a human story before it's an oil story.
Bottom Line
The ships are moving and sailors are being evacuated, which is genuinely good news -- but the deal is being stress-tested in real time over tolls and frozen funds, and freedom of navigation through Hormuz is the principle on the line. Watch the implementation, not the announcement.
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