Shipping Firms, Awaiting Details, Are Cautious of U.S.-Iran Deal
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Shipping firms are exercising caution regarding a potential US-Iran deal, with some reports indicating that transit through the Strait of Hormuz has not yet resumed. The industry appears to be awaiting further details on how the agreement will work. Despite some movement, such as Iranian tankers exiting a US blockade, significant ship traffic through the Strait of Hormuz has not appeared to resume.
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