Oil tanker operator: Strait reopening not instant
The head of the world's largest oil shipping company confirmed that the resumption of navigation through the Strait of Hormuz to its normal levels will not happen immediately after the agreement between Washington and Tehran on reopening the passage. He pointed out that shipping companies are waiting for actual security stability before resuming operations. He anticipated that a full return to previous levels could take between two weeks and a month, with traffic declining significantly before stability is achieved. This comes amid warnings from past experiences indicating that restoring the situation entirely might take longer.
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