Mitsui O.S.K. Lines anticipates weeks before resuming Strait of Hormuz transit, pending confidence in U.S.-Iran deal's effectiveness.

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…

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

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…