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Experts warn Strait of Hormuz may take weeks to fully reopen
Stay up to date with notifications from The IndependentNotifications can be managed in browser preferences.AllNewsSportCultureLifestyleShipping through the Strait of Hormuz is expected to take several weeks to resume fully, despite Donald Trump's declaration that the vital oil route was already partially reopened. Jotaro Tamura, CEO of Mitsui OSK, stated that shipowners require a “material” agreement, not just a simple one, to ensure safety before restarting voyages. Trump claimed on Truth Social that the strait would be “completely open” by Friday, with ships already moving through a “totally safe” southern route. Analysts agree that it will take several weeks for tanker movements to increase, citing the need for mine clearance, a return to international transit lanes, and time for trapped vessels to exit. Concerns remain over Iran's past threats to attack ships and its demands for payment from vessels using the strait, despite Trump's assertion of a “toll free opening”.In fullStrait of Hormuz may take weeks to fully reopen despite Trump claims, shipping industry warnsThank you for registeringPlease refresh the page or navigate to another page on the site to be automatically logged inPlease refresh your browser to be logged in
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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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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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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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huffpost.com
Trump Says Oil-Loaded Ships Are Moving Out Of Strait Of Hormuz
Follow the latest news on the major headlines of the day.
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oilprice.com
Japanese Shipping Companies Hold Back Despite Hormuz Deal | OilPrice.com
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…
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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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thenationalnews.com
Hormuz shipping recovery reckons with mine risks despite US-Iran deal | The National
Mine clearance is essential before more than 480 trapped ships can safely leave Gulf
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al-monitor.com
'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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cnbc.com
Strait of Hormuz traffic to return to normal as soon as August, Kalshi traders speculate
Odds that the Strait of Hormuz traffic will return to normal before August surpassed 50%, following U.S. President Donald Trump's announcement.
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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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gulfnews.com
Trump says 'let the oil flow', but Hormuz reopening still uncertain
Trump hails a Hormuz breakthrough and urges ‘let the oil flow’, but US-Iran disputes over toll-free access, sanctions relief and mine risks keep the deal in doubt.
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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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thehindu.com
Limited traffic through Hormuz, despite Trump’s announcement
Limited vessel traffic through the Strait of Hormuz persists despite Trump's claims of U.S. military assistance for commercial shipping.
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cnn.com
Trump says the Strait of Hormuz is reopened. But most ships are staying put | CNN Business
President Donald Trump says the vital Strait of Hormuz has been reopened under terms of an agreement reached Sunday with Iran. Shipping industry sources aren’t so sure.
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cryptobriefing.com
Trump announces full reopening of Strait of Hormuz by Friday, oil prices drop
Trump announces the Strait of Hormuz will fully reopen by Friday under a US-Iran deal. Oil prices drop, and crypto markets could feel the ripple effects.
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abc.net.au
Trump says Strait of Hormuz will be 'completely open' by Friday. Then what?
The months-long shutdown of the the crucial shipping route has rocked global oil markets and flowed through to all sorts of prices. How will the reopening change things, and how…
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malaymail.com
Ships to sail again through Strait of Hormuz as Trump vows route fully open by Friday
TEHRAN, June 16 — US President Donald Trump said Monday that ships were again moving through the Strait of Hormuz and the vital oil route would be “completely open” by...