Shipping firms are reluctant to navigate the Strait of Hormuz sea passage despite this week's peace deal, according to an industry chief.

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

Other movement around the strait – a vital waterway for global oil and gas – appears limited in the early hours of June 15. Read more at straitstimes.com. Read more at…

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…