UBS On-Air: Paul Donovan Daily Audio 'Toll time'

The Iranian Revolutionary Guard reported that Iran and Oman have agreed to share revenues from tolls on shipping passing through the Strait of Hormuz—once the strait reopens. The announcement stresses that Iran is likely to keep stricter control over the strait after the war, but investors expect that. The announcement does not, of itself, suggest an imminent reopening of the strait.