The world's most important energy chokepoint may soon reopen, but insurance markets must regain confidence for the shipping sector to resume normal navigation. Meanwhile, Germany has dispatched two naval vessels for a possible mine clearance operation. #EuropeNews

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

It is unclear how many mines Iran may have laid in the strait, which handled 20% of the world's daily supply of oil and liquefied natural gas before the war.

By Kentaro Okasaka, Jeslyn Lerh, Emily Chow and Stine JacobsenJune 15 (Reuters) - Shippers in Asia and Europe said confidence in resuming transit through the Strait of Hormuz…

That could potentially hold up tens of millions of barrels of oil, in addition to the oil supply from the Gulf already blocked since the United States and Israel attacked Iran on…

Mine clearance is essential before more than 480 trapped ships can safely leave Gulf

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…

TOKYO/COPENHAGEN — Shippers in Asia and Europe said confidence in resuming transit through the Strait of Hormuz could take weeks to rebuild and nav...

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.

Cautious resumption of tanker transits as security checks delay full recovery

Shipping companies skeptical of Strait of Hormuz deal, want proof it's working before sending vessels through.

PARIS — Shipping through the Strait of Hormuz stayed at a trickle Tuesday, maritime trackers indicated, two days after the U.S. promised to reopen...

The US and Iran agreed to reopen the Strait of Hormuz after months of blockade and crypto-based tolls, but shippers face safety and insurance hurdles.

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

Shipping companies remain cautious about returning to the Strait of Hormuz despite a U.S.-Iran peace deal, with industry representatives warning that normal trade volumes may not…

Reopening the waterway will only be a first step; crews must be changed, disrupted supply chains restarted and strategic energy reserves replenished.

Industry insiders and vessel-tracking data point to continued caution among operators despite geopolitical breakthrough.

The Strait of Hormuz is set to reopen after Iran and the U.S. sign a peace deal, but experts warn backlogs and security checks could delay normal shipping.

The world's most important energy chokepoint may soon reopen, but insurance markets must regain confidence for the shipping sector to resume normal navigation. Meanwhile, Germany…