Strait of Hormuz transit will take 'weeks' to resume, largest tanker operator tells FT
- Posted on June 16, 2026
- By Business News Today
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Strait of Hormuz transit will take 'weeks' to resume, largest tanker operator tells FT
Shipping companies will delay passage through the Strait of Hormuz for several weeks. This delay will continue until a U.S.-Iran agreement is deemed substantial. Shipowners need assurance that the deal translates into tangible safety improvements in the Strait. This will allow shipping lines to proceed with confidence through the vital waterway.
