Shipping operators and insurers prefer to wait and watch from a distance for now.

Trump said the US reached a deal with Iran on Sunday to reopen the Strait of Hormuz, a possible end to a 15-week conflict that upended global oil markets.

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

Trump signals immediate opening of the geopolitically sensitive strait

US President Donald Trump says oil tankers would be able to navigate the Strait of Hormuz toll-free, but many details of the deal with Iran are yet to be ironed out.

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…

President Donald Trump on Sunday announced that a framework agreement to end the war with Iran had been reached. Trump, in a post on Truth Social, said, "The Deal with the Islamic…

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.

Shippers have welcomed the news of the deal but are still waiting for more details, including mine clearance in the strait.

The US president says the Strait of Hormuz will reopen after signing of deal with Iran on Friday, but analysts warn hundreds of ships remain backed up, energy flows may take weeks…

A US-Iran deal to end the war and reopen the Strait of Hormuz could ease the global energy crunch, but oil prices and supplies may take months to stabilize as shipping restarts…

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…

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…

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…

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.

US President Donald Trump announced ships are now safely navigating the Strait of Hormuz, following a digital agreement to end a 107-day war with Iran. He stated the waterway…

Limited vessel traffic through the Strait of Hormuz persists despite Trump's claims of U.S. military assistance for commercial shipping.

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.

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.

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…

Trump said the strait would be "completely open" by Friday, but key details remain unresolved, including who will manage the crucial waterway.