Cautious of U.S.-Iran Deal, Shipping Firms Await Strait to Reopen

The preliminary deal to end the war between the United States and Iran seeks to quickly reopen the Strait of Hormuz, but companies said on Monday that they need more details before navigating the waterway.

Since late February, when the United States and Israel attacked Iran, the strait has been effectively closed, leaving hundreds of ships stranded in the Persian Gulf, unable to transport oil and gas to global markets.

“There are a lot of questions that need to be clarified,” said S.V. Anchan, the chairman of Safesea Group, a shipping company based in Piscataway, N.J., that has two ships in the gulf, both of which had been attacked since the war’s start. One of the ships was so badly damaged that it was not operating and the other was waiting to leave the gulf.

Article source: https://www.nytimes.com/2026/06/15/business/us-iran-deal-shipping-companies-strait-of-hormuz.html