Navigation hurdles post-Hormuz reopening
The Strait of Hormuz is preparing to resume maritime traffic after approximately four months of closure due to the war between Iran and coalition forces. The reopening is scheduled for Friday, coinciding with the signing of an agreement between Washington and Tehran. About 20% of the world's oil production passes through the strait, and more than 500 ships and 20,000 sailors have been affected by the halt in navigation caused by the closure. Preparations are primarily focused on clearing potential mines and ensuring the safe passage of vessels. The process is expected to take some time to restore normal export levels, with the possibility of Iran imposing transit fees, despite Washington's reservations on the matter.
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