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Iran's Deputy Foreign Minister says an agreement with Oman on new Strait of Hormuz shipping arrangements is nearing completion, with decisions on transit fees depending on US conduct and Iran's leadership.
Sabah's Sapangar Bay Container Port expansion project has progressed to 62.75 percent completion but faces delays tied to sand procurement challenges, with completion now expected in October 2027.
Iran's Islamic Revolutionary Guard Corps has declared that no oil, gas, or fertiliser shipments will transit the Strait of Hormuz without Iranian permission, following incidents involving four foreign vessels ignoring navigation protocols.
Malaysia's port operators stand to gain substantially from ongoing supply chain diversification and transhipment growth, while positioning the nation as a regional leader in sustainable maritime fuel adoption.
Iran's Foreign Minister Abbas Araghchi has rejected US President Donald Trump's proposal to levy a 20% toll on ships transiting the Strait of Hormuz, asserting that Iran will remain the waterway's rightful guardian while offering fairer passage fees.
Malaysia has assured Belgium that the South China Sea will remain open to international maritime traffic, with Deputy Prime Minister Fadillah Yusof reaffirming ASEAN's commitment to regional peace and security during talks with his Belgian counterpart.