After weekend reports that Iran had again closed the Strait of Hormuz, this morning brought news of an uptick in transits. That came after high-level U.S.-Iran negotiations at Switzerland’s Bürgenstock Resort concluded
Following the signing of an MOU between the U.S. and Iran, the Strait of Hormuz is officially open to shipping, but don’t expect normality to return any time soon … with BIMCO
In a post on X, CENTCOM says that, during the first 24 hours of its being in place, no ships made it past the U.S. blockade of Iranian ports and six merchant
