- The United States and Iran have reached a deal to reopen the Strait of Hormuz for at least 60 days without tolls, following nearly four months of conflict.
- Shipping experts anticipate a phased restart of maritime traffic rather than an immediate return to full capacity, with oil tankers and LNG carriers expected to receive priority access.
- Despite the political agreement, logistical challenges including potential mine clearance, traffic management, and unresolved security protocols remain obstacles to full normalization.
Quotes
“The most likely scenario is a phased restart, with some form of traffic-management mechanism involving Iran and Oman.”
“There is no precedent for restarting Hormuz after a disruption of this nature. A cautious working assumption would be a gradual ramp-up rather than an immediate return to 100-plus daily transits.”