Event·Maritime

Shipowners Owners Brace for Hormuz Reopening as Peace Deal Nears

12 JUN 2026 · 1855Z

Shipowners are watching warily for a peace deal between the US and Iran and what it would mean for the Strait of Hormuz, with some tanker owners expressing caution, while others were already predicting a frantic free-for-all if the waterway opens in earnest.