Global tanker traffic through the Strait of Hormuz remains disrupted as shipowners await clarity on the recently reached US-Iran agreement. Jotaro Tamura, CEO of Mitsui O.S.K. Lines, the world’s largest tanker operator, indicated a resumption of transit could be weeks away. The delay is contingent on shipowners being convinced the agreement provides substantial security assurances. This pause impacts a crucial global shipping lane, vital for oil and other commodity transport. Concerns over potential disruptions prompted many vessels to pause or reroute journeys prior to the agreement. The industry is now assessing the details of the deal before resuming normal operations through the strait. This situation highlights the sensitivity of maritime trade to geopolitical developments in the region.