Stay up to date with notifications from The IndependentNotifications can be managed in browser preferences.AllNewsSportCultureLifestyleShipping through the Strait of Hormuz is expected to take several weeks to resume fully, despite Donald Trump's declaration that the vital oil route was already partially reopened. Jotaro Tamura, CEO of Mitsui OSK, stated that shipowners require a “material” agreement, not just a simple one, to ensure safety before restarting voyages. Trump claimed on Truth Social that the strait would be “completely open” by Friday, with ships already moving through a “totally safe” southern route. Analysts agree that it will take several weeks for tanker movements to increase, citing the need for mine clearance, a return to international transit lanes, and time for trapped vessels to exit. Concerns remain over Iran's past threats to attack ships and its demands for payment from vessels using the strait, despite Trump's assertion of a “toll free opening”.In fullStrait of Hormuz may take weeks to fully reopen despite Trump claims, shipping industry warnsThank you for registeringPlease refresh the page or navigate to another page on the site to be automatically logged inPlease refresh your browser to be logged in
Experts warn Strait of Hormuz may take weeks to fully reopen
Stay up to date with notifications from The IndependentNotifications can be managed in browser preferences.AllNewsSportCultureLifestyleShipping through the Strait of Hormuz is expected to take several weeks to resume fully, despite Donald Trump's declaration that the vital oil route was already partially reopened. Jotaro Tamura, CEO of Mitsui OSK, stated that shipowners require a “material” agreement, not just a simple one, to ensure safety before restarting voyages. Trump claimed on Truth Social that the strait would be “completely open” by Friday, with ships already moving through a “totally safe” southern route. Analysts agree that it will take several weeks for tanker movements to increase, citing the need for mine clearance, a return to international transit lanes, and time for trapped vessels to exit. Concerns remain over Iran's past threats to attack ships and its demands for payment from vessels using the strait, despite Trump's assertion of a “toll free opening”.In fullStrait of Hormuz may take weeks to fully reopen despite Trump claims, shipping industry warnsThank you for registeringPlease refresh the page or navigate to another page on the site to be automatically logged inPlease refresh your browser to be logged in
