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 agreement to end the Middle East war.The accord announced Sunday raised hope for an end to the disruptive blockade of the strait, through which a fifth of the world's oil and liquefied natural gas (LNG) passed in peacetime.

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…

Mine-clearing operations, infrastructure repairs and security guarantees may be required before commercial traffic fully resumes at the Strait of Hormuz. | World News

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…

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…

LNG tanker nears Hormuz as US-Iran deal raises hopes for reopening the crucial waterway, impacting global gas prices.

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