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Shippers eye Iran Hormuz reopening with wariness

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Shipping in the Strait of Hormuz has already been disrupted by the Iranian military, and some vessels now also face a US blockade

Shipping in the Strait of Hormuz has already been disrupted by the Iranian military, and some vessels now also face a US blockade

Shipping industry figures gave a cautious welcome Friday to Iran's announcement that it was reopening the crucial Strait of Hormuz trade route to commercial freight after nearly seven weeks closed.

Iranian forces' closure of the strait has trapped hundreds of ships in the Gulf and driven up the costs of shipping goods, with captains avoiding the region for fear of attacks or mines.

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Originally published on doc.afp.com, part of the BLOX Digital Content Exchange.

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