Strait of Hormuz transit will take weeks to resume, largest tanker operator says

By Reuters 16 June 2026, 7:50 am

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Vessels are seen anchored in the Strait of Hormuz, off the port city of Khasab on Oman's northern Musandam Peninsula on May 17, 2026. (AFP)

Shipowners will not resume transit through the Strait of Hormuz for weeks until they are confident that the US-Iran deal is “material”, the chief executive of Japan’s Mitsui OSK Lines tells the Financial Times in an interview published today.

“What will have to come in place is not just a simple agreement between the relevant countries, but it has to be material and translated into the real situations in the Strait of Hormuz, so that shipping lines can make themselves comfortable to go through,” Mitsui OSK’s Jotaro Tamura says.