80 Mines Block Hormuz; Normal Shipping Still Unlikely
16 Articles
16 Articles
Around 80 sea mines block the central shipping route in the road from Hormus. The return to regular operation takes much longer than expected.
Although several ships began leaving the Persian Gulf on Friday (June 19) after the United States and Iran signed a memorandum of understanding (MoU), shipping experts warn that dozens of mines remain uncleared in the central main channel of the Strait of Hormuz, and the prospects for a return to normal commercial shipping in the short term are not optimistic.
bd.nl
The US and Iran have signed an agreement, but the Strait of Hormuz is still not open. What happens now and what happens next? Four questions and answers.
The fourteen-point memorandum signed on June 19 by Washington and Tehran certainly has a value that is measured in real time: the price of crude oil, driven by the crisis beyond the hundred dollars per barrel, is already behind, thanks to the understanding on the reopening of the Strait of Hormuz. But to exchange the reopening of the strait for the removal of the causes of the conflict would be a reading error. The agreement is bilateral, yet it…
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