Shipowners hold off on Hormuz transit until US-Iran deal becomes ‘material’

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 of Japan's Mitsui O.S.K. Lines told the…