Shipping companies may avoid passing through the Strait of Hormuz even after the U.S. and Iran reached a deal that is expected to reopen the passage.
Companies Need Proof That Agreement Is Working
According to a report by the Financial Times on Tuesday, Jotaro Tamura, who is the head of Mitsui OSK Lines, a Japanese shipping company that is also the world’s largest tanker owner, said that operators would want proof that the agreement is working on the water before they send vessels through the route.
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