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Strait of Hormuz flow will take ‘weeks’ to resume, largest tanker operator warns
Mitsui OSK Lines warns that the resumption of oil flow through the Strait of Hormuz will take 'weeks' to stabilize, emphasizing the need for fleet owners to rebuild confidence following the US-Iran deal.
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Adjacent reporting
- Even with a deal to reopen the Strait of Hormuz, it could take weeks or months for oil to fully flow
- Even with a deal to reopen the Strait of Hormuz, it could take weeks or months for oil to fully flow
- Top Oil Traders Say Billion-Barrel Shock to Echo Long After War
- Strait of Hormuz backlog could take weeks to clear after US-Iran deal