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Shippers remain cautious on Hormuz strait transit after US and Iran agree deal
By Kentaro Okasaka, Jeslyn Lerh, Emily Chow and Stine JacobsenJune 15 (Reuters) - Shippers in Asia and Europe said confidence in resuming transit through the Strait of Hormuz could take weeks to rebuild and navigation will only restart once safety is assured, after the U.S. and Iran agreed on a framework deal to reopen the waterway.U.S. and Iranian officials are expected to sign a memorandum of understanding to end their war, halt the U.S. blockade of Iran and reopen the strait on Friday. Global oil prices fell about 5% on Monday in response.
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economictimes.indiatimes.com
Shipowners on edge for news on Hormuz as ‘dark’ oil flows swell
Shipowners are closely monitoring a potential US-Iran peace deal and its implications for the Strait of Hormuz. While some express caution, others anticipate a surge in activity…
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hindustantimes.com
When will Strait of Hormuz reopen? US-Iran peace deal raises hopes but shipping recovery may take time
Mine-clearing operations, infrastructure repairs and security guarantees may be required before commercial traffic fully resumes at the Strait of Hormuz. | World News
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cryptobriefing.com
US and Iran confirm deal to end war, reopen Strait of Hormuz as crypto markets recalibrate
The US and Iran confirmed an interim deal to reopen the Strait of Hormuz, reshaping oil markets and Bitcoin's trajectory after months of conflict-driven
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Indian LNG tanker heads toward Strait of Hormuz as US-Iran deal lifts reopening hopes
An LNG tanker is nearing the Strait of Hormuz as the US and Iran reportedly reach a deal to reopen the vital waterway. European natural gas and oil prices fell as traders…
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channelnewsasia.com
Japanese shippers await details on Hormuz reopening, mine clearance
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…
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financialpost.com
Shipowners seek details on Hormuz deal before resuming transits
A United States-Iran deal intended to reopen the Strait of Hormuz within days has been met with caution by shipowners and traders. Read here
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Shipowners seek clarity on Strait of Hormuz deal as 600 vessels eye exit
Shipowners and traders are cautiously awaiting details on a potential reopening of the Strait of Hormuz, a vital oil and gas route disrupted by conflict. While a US-Iran deal is…
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Fragile Iran deal offers oil relief, but Hormuz risks remain
A deal between the U.S. and Iran will reopen the vital Strait of Hormuz, easing global energy supply concerns. However, unresolved disputes mean future flare-ups are possible.…
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newsbytesapp.com
Why reopening Hormuz won't immediately ease oil supply woes
The US-Iran agreement to reopen the Strait of Hormuz may alleviate immediate energy concerns, but analysts predict weeks-long delays due to a backlog of 500 stranded ships.
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straitstimes.com
Asia’s oil-thirsty economies cautiously welcome US-Iran deal to reopen Hormuz
Reopening the strait would provide relief across Asia, which consumed about 90% of the oil flowing through it. Read more at straitstimes.com. Read more at straitstimes.com.
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jpost.com
Shippers wait for guarantee on Strait of Hormuz reopening | The Jerusalem Post
Shippers have welcomed the news of the deal but are still waiting for more details, including mine clearance in the strait.
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al-monitor.com
Shippers remain cautious on Hormuz strait transit after US and Iran agree deal
By Kentaro Okasaka, Jeslyn Lerh, Emily Chow and Stine JacobsenJune 15 (Reuters) - Shippers in Asia and Europe said confidence in resuming transit through the Strait of Hormuz…
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'Start your engines'? Shippers wary on Hormuz reopening
Shipping groups warned Monday it was too soon to safely resume sailing through the Strait of Hormuz following US and Iranian promises that the trade route would reopen under their…
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rfi.fr
'Start your engines'? Shipping groups wary on Hormuz reopening
Shipping groups warned Monday that it was too soon to start sailing through the Strait of Hormuz following US and Iranian promises that the trade route would reopen under their…
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dw.com
Strait of Hormuz reopening won't end shipping risks
A proposed US-Iran deal to reopen the Strait of Hormuz is raising hopes for global shipping and oil markets. But mines, high insurance costs and geopolitical risks mean disruption…
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koreatimes.co.kr
Global shippers cautious on Hormuz transit despite US-Iran deal - The Korea Times
TOKYO/COPENHAGEN — Shippers in Asia and Europe said confidence in resuming transit through the Strait of Hormuz could take weeks to rebuild and nav...
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apnews.com
Even with a deal to reopen the Strait of Hormuz, it could take weeks or months for oil to fully flow
The tentative agreement to end the war in Iran and reopen the Strait of Hormuz would be good news for the global economy.
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Strait of Hormuz transit will take 'weeks' to resume, largest tanker operator tells FT
Shipping companies will delay passage through the Strait of Hormuz for several weeks. This delay will continue until a U.S.-Iran agreement is deemed substantial. Shipowners need…
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afr.com
Strait of Hormuz flow will take ‘weeks’ to resume, warns shipping boss
Mitsui OSK Lines chief Jotaro Tamura said many operators would wait before restarting crossings despite the US-Iran deal to reopen the waterway.
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Strait of Hormuz transit will take ‘weeks’ to resume, largest tanker operator tells FT
June 16 (Reuters) - Shipowners will not resume transit through the Strait of Hormuz for weeks until they are confident that the U.S.-Iran deal is "material", the chief executive…