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SECURITYJun 16 · 05:36 UTCAL-MONITOR

Strait of Hormuz transit will take ‘weeks’ to resume, largest tanker operator tells FT

Mitsui O.S.K. Lines' CEO stated that shipping through the Strait of Hormuz will not resume for weeks until the U.S.-Iran deal becomes 'material.' The U.S.-Israeli strikes on Iran, beginning February 28, disrupted transit of oil, LNG, and other goods through the critical shipping route.

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