APRIL 17, 2026 AT 01:30 PM
The Iranian foreign minister’s announcement on Friday that the Strait of Hormuz is “completely open” for ships that use an Iranian-prescribed route doesn’t give the shipping industry assurances to resume traffic through the strait, via WSJ citing analyst
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- The Iranian foreign minister’s announcement on Friday that the Strait of Hormuz is “completely open” for ships that use an Iranian-prescribed route doesn’t give the shipping industry assurances to resume traffic through the strait, an industry analyst said.
- “From the shipping perspective, it is certainly promising, but it doesn't immediately give anybody enough clarity to make any firm decisions,” said Richard Meade, editor-in-chief of Lloyd’s List.