ALBAWABA - Since the announcement of the peace deal between Iran and the U.S., reports have emerged about the reopening of the Strait of Hormuz, conside

TOKYO, June 15 : Japanese shippers welcomed on Monday the U.S.-Iran peace agreement which will reopen the Strait of Hormuz but are awaiting more details of the deal and clearance…

ALBAWABA - Since the announcement of the peace deal between Iran and the U.S., reports have emerged about the reopening of the Strait of Hormuz, conside

Japanese shipping companies are waiting for the formal signing of a U.S.-Iran agreement before sending stranded vessels through the Strait of Hormuz, despite signs that maritime…

By Jonathan SaulLONDON, June 15 (Reuters) - Ensuring the Strait of Hormuz is safe from mines could delay a return to normal shipping traffic by weeks following a deal to reopen…

It is unclear how many mines Iran may have laid in the strait, which handled 20% of the world's daily supply of oil and liquefied natural gas before the war.

That could potentially hold up tens of millions of barrels of oil, in addition to the oil supply from the Gulf already blocked since the United States and Israel attacked Iran on…

Mine clearance is essential before more than 480 trapped ships can safely leave Gulf

Ensuring the Strait of Hormuz is safe from mines could delay a return to normal shipping traffic by weeks, security sources say, even though both Iran and the US enabled some…