Walter BloombergGeopolitics

HORMUZ SHIPPING RESUMES GRADUALLY AS DEAL PROGRESSES Iran says the blockade of the Strait of Hormuz has eased, with a limited number of ves…

HORMUZ SHIPPING RESUMES GRADUALLY AS DEAL PROGRESSES Iran says the blockade of the Strait of Hormuz has eased, with a limited number of vessels allowed through ahead of the US-Iran deal signing, according to Deputy FM Majid Takht-Ravanchi. Ship tracking and reports show several tankers and cargo vessels transiting in recent hours. US officials say the waterway is reopening under the agreement, with full normalization expected after final signing and technical implementation.
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