9 Hrs
Source:
الشرق اللبنانية
Trump: Ships Passing Strait of Hormuz
Statements by U.S. President Donald Trump confirmed that ships are already passing through the Strait of Hormuz following an agreement between the United States and Iran to end their conflict, with many of them taking a safer southern route. It is expected that the Strait will officially reopen after the signing of the agreement and the clearing of mines. However, approximately 1,150 ships remain stranded in the Gulf, with a total value estimated at two billion seven hundred five million dollars, and weeks are expected to pass before the congestion is resolved. Experts emphasized that the continuation of the current situation hampers shipping movements and threatens the safety of crews, while Iran holds a strong leverage point, as between 20% and 25% of global oil and gas trade passes through the Strait.
Size: 120%Text Size
Notice: This Is an AI-Generated Summary
Comments (0)