'Most optimistic' Strait scenario: 2 months for traffic flows to return to normal
Corroborated by 2 sources from 2 publishers
usgeneral3h ago
TL;DR
watch now 'Most optimistic' Strait scenario: 2 months for traffic flows to return to normal Lars Jensen, CEO of Vespucci Maritime, says that shipowners will likely stay cautious about transiting through the Strait of Hormuz, despite the U.S.-Iran MoU. He details the prevailing risks and uncertainties that remain - and why the MoU is not enough. 03:49 25 minutes ago It will take weeks to clear the backlog of ships in the Strait of Hormuz, industry executives and shipping experts have warned, as the critical waterway is set to reopen.