Iran to announce new restricted zone in Gulf in the coming days

Dubai: Iran said it will announce a new restricted zone in the Gulf in the coming days, along with maps of a new shipping corridor through the Strait of Hormuz, as a weekend exchange of strikes on shipping sent oil prices higher on Monday. The new restricted zone will begin from where the US blockade of Iran begins and extend into areas of the Gulf, Mohsen Rezaei, the secretary of Iran’s Supreme National Security Council, said on Sunday in an interview with state TV.