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The Independent UK
The Independent UK
Business
Simon English

Strait of Hormuz may take weeks to fully reopen despite Trump claims, shipping industry warns

United States Donald Trump Oil Iran

Shipping will take “weeks” to resume through the Strait of Hormuz as shipowners wait for signs that the US-Iran deal is “material”, the boss of the world’s largest tanker company said.

Jotaro Tamura, the chief executive of Mitsui ⁠OSK, said many vessels would wait to restart shipping despite Donald Trump declaring the waterway had already been partially reopened.

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