Strait of Hormuz remains volatile despite proposed ceasefire
Kathmandu. According to the two-week ceasefire announced by US President Donald Trump, Iran is expected to reopen the Strait of Hormuz. However, experts suggest that even if Iran complies with US conditions and reopens the waterway, maritime traffic is unlikely to return to normal immediately.
Lars Jensen, a former shipping analyst at the major Danish logistics company Maersk, stated on BBC Radio 4's 'Today' program that no significant changes have been observed yet and that restoring confidence will take time.
According to him, while the number of ships exiting the Gulf region may increase in the coming days, the number of incoming vessels will remain very low. He noted that companies are remaining cautious due to the risk of ships becoming stranded if the ceasefire fails.
This critical maritime route, which accounts for approximately 20 percent of the world's oil supply, has been caught in the crossfire of the Iran conflict. This situation continues to impact international trade and energy markets.
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