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The Nexus
SECURITYJun 16 · 05:33 UTCSCMP CHINAReuters

Shipowners hold off on Hormuz transit until US-Iran deal proves ‘material’

Shipowners are delaying transit through the Strait of Hormuz until the US-Iran deal is confirmed as 'material,' according to Mitsui O.S.K. Lines' CEO. The US-Israeli strikes on Iran, beginning February 28, disrupted shipping of oil, liquefied natural gas, aluminium, and urea through the critical transit route.

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Mitsui O.S.K. Lines Ltd.organizationStrait of HormuzplaceUS-Iran dealtopicOiltopicLiquefied Natural GastopicaluminiumtopicureatopicFinancial Timesorganization
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