Wednesday’s ceasefire announcement by President Donald Trump, linked to Iran reopening the Strait of Hormuz, prompted immediate optimism shipping would quickly resume. It didn’t. The following morning, traffic remained minimal. A handful of vessels, largely linked to Iran, made the transit. But most of the ships waiting in the Gulf stayed put. Iran announced shortly […]
The post The deal to reopen Hormuz is nowhere near done appeared first on Asia Times.
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