As US President Donald Trump moves to reopen the Strait of Hormuz through a peace deal with Iran, major shipping companies such as Maersk are likely to stop short of resuming normal operations in the near term amid lingering concerns about the waterway’s security and the durability of the agreement, according to observers.
Some industry insiders said the deal’s impact on the global shipping industry would hinge on whether the United States extended sanctions relief beyond the initial agreement,…
Some industry insiders said the deal’s impact on the global shipping industry would hinge on whether the United States extended sanctions relief beyond the initial agreement,…
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