The economically vital Strait of Hormuz could reopen imminently following a snap ceasefire announcement between the US and Iran.

The economically vital Strait of Hormuz could reopen imminently following a snap ceasefire announcement between the US and Iran.

Traffic through the Strait of Hormuz has yet to see a meaningful rebound and this could continue for weeks, warn shipping experts.

A marine traffic map shows the Strait of Hormuz at a standstill more than 48 hours after President Donald Trump announced a two-week ceasefire conditional on Iran reopening the…