Iran Says It Will Control New Hormuz Shipping Corridor

Iran said Monday that it is preparing to sign an agreement with Oman establishing a new shipping corridor through the Strait of Hormuz under Iranian control, with vessels required to coordinate with Tehran to enter a new restricted maritime zone around the critical oil chokepoint. Mohsen Rezaei, secretary of Iran’s Supreme National Security Council, said the restricted zone would extend from the U.S. naval blockade line through Hormuz and into the Persian Gulf. Ships entering the zone to transit the strait without coordinating with Iran would…