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Global Enterprise

Even after a Strait of Hormuz deal, moving 1,500 ships won’t be easy

For now, some in the shipping industry are sceptical about the prospects of a deal to reopen the strait

A drone view shows vessels anchored at the Strait of Hormuz, as seen from Musandam, Oman, May 25, 2026. REUTERS/Stringer     TPX IMAGES OF THE DAY      REFILE - CORRECTING INFORMATION FROM "VESSELS SAILING THROUGH THE STRAIT OF HORMUZ" TO "VESSELS ANCHORED AT THE STRAIT OF HORMUZ".
Global Enterprise

US, Iran edge closer to deal but still need to negotiate points

Key sticking points include whether Iran will allow ships free passage through the Strait of Hormuz

FILE PHOTO: A map showing the Strait of Hormuz is seen in this illustration taken March 23, 2026. REUTERS/Dado Ruvic/Illustration/File Photo
United States Secretary of State Marco Rubio speaks to the journalists before boarding his plane at Indira Gandhi International Airport in New Delhi, India, Monday, May 25, 2026.     Julia Demaree Nikhinson/Pool via REUTERS
Global Enterprise

The war-driven supply shock already roiling manufacturing in Asia

A shortage of naphtha, stemming from the blockade of the Strait of Hormuz, is hurting multiple sectors

factory .Credit... SeongJoon Cho/Bloomberg
International

Trump says US-Iran deal ‘largely negotiated’, would reopen Hormuz

Plans for Teheran’s uranium would be negotiated within 30 to 60 days: media reports

Vessels sail through the Strait of Hormuz, Musandam, Oman, May 22, 2026. REUTERS/Stringer

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