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Analyst: Iran's Statement on the Strait of Hormuz Did Not Provide Clear Information

2 hours ago

April 17 – A shipping industry analyst told the Wall Street Journal (WSJ) that Iran’s foreign minister announced Friday the Strait of Hormuz is “fully open” to vessels using Iran’s designated route—but the shipping sector still isn’t reassured maritime activity through the strait can resume. Lloyd’s List editor-in-chief Richard Meade said: “For shipping, this sounds promising, but right now it doesn’t give anyone clear enough information to make immediate decisions.” Iran’s foreign minister did not explicitly specify whether the country still intends to charge tolls for passing ships.
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