Why Strait of Hormuz still hasn’t reopened to shipping traffic — despite Trump announcing Iran peace deal

Tehnologie

Ships near the Strait of Hormuz are still not ready to cross after more than three months of being trapped by the war with Iran as they await more details for Friday’s scheduled reopening. After Washington and Tehran agreed to a memorandum of understanding on Sunday , the shipping industry signaled that pre-war traffic on the Strait of Hormuz can only be reached once all the details are out in the open. As of now, there are far too many risks of attacks from Iran for the majority of ships to