Shippers remain cautious on Strait of Hormuz, despite tentative U.S.-Iran peace deal
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Article Excerpt
Shippers remain cautious on Strait of Hormuz, despite tentative U.S.-Iran peace deal
KENTARO OKASAKA AND JESLYN LERH AND EMILY CHOW
REUTERS
PUBLISHED 1 HOUR AGO
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Vessels in the Strait of Hormuz, as seen from Musandam, Oman on Monday.
STRINGER/REUTERS
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Shippers said confidence in resuming transit through the Strait of Hormuz could take weeks to rebuild and navigation will only restart once safety is assured, after U.S. and Iranian officials said they had agreed on a framework deal to reopen the waterway.
The U.S. and Iran are expected to sign a…
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