Harry Dempsey and Alice HancockUpdated Jun 16, 2026 – 3.09pm, first published at 3.06pmTokyo/London | Ship owners will not resume transit through the Strait of Hormuz for weeks until they are confident that the US-Iran deal is “material”, the head of the world’s biggest tanker operator has warned.Jotaro Tamura, chief executive of Mitsui OSK Lines, told the Financial Times that many operators would wait before restarting crossings despite the US-Iran deal to reopen the strait.Financial TimesSubscribe to gift this articleGift 5 articles to anyone you choose each month when you subscribe.Subscribe nowAlready a subscriber? Fetching latest articles