Major shipowners have begun moving vessels through the Strait of Hormuz since the U.S. and Iran signed an agreement Wednesday, according to maritime data company Lloyd's List Intelligence.
In a media briefing, Richard Meade, editor in chief of Lloyd's List, said for the first time in 110 days, ships owned by major companies are transiting the strait after effectively being marooned there since February.
The strait is a critical passageway for the world's oil and natural gas. Its closure has created a historic energy crisis.
