Trump says the Strait of Hormuz is reopened. But most ships are staying put
CNN • • nation
Key Points:
- President Donald Trump announced that the Strait of Hormuz has reopened following an agreement with Iran, claiming ships are beginning to transit the vital oil route.
- However, shipping experts and industry sources remain skeptical, citing unclear details in the agreement and ongoing security risks that are likely to restrict traffic for weeks or months.
- Maritime insurers have not yet resumed coverage for ships passing through the strait, creating a standoff where ship operators hesitate to transit without insurance, and insurers await proof of safe voyages.
- Analysts note that while some oil shipments have continued during the conflict, overall flow remains significantly below normal levels, with expectations that it may take three to four months for traffic to return to typical volumes.
- Shipping organizations emphasize the need for mine-clearance, safe navigation protocols, and naval protection before vessels will confidently resume regular passage through the Strait of Hormuz.
