Shipping Executives Urge Clear Rules For Strait Of Hormuz In Any US-Iran Peace Deal

Shipping executives at the Posidonia/Capital Link conference in Athens are urging that any US-Iran peace deal include clear rules for commercial vessel transit through the Strait of Hormuz, warning that ongoing geopolitical uncertainty is disrupting normal shipping operations in the Gulf. At least one vessel has been stranded inside the Gulf for approximately three months, with high-risk insurance conditions and no clear operational framework for safe transit currently in place.