Shipping remains halted in Hormuz despite Iran-US ceasefire

Shipping remains halted in Hormuz despite Iran-US ceasefire Shipping through the Strait of Hormuz remains disrupted despite the ceasefire between the United States and Iran, with companies holding back operations amid ongoing security concerns. The Norwegian Shipowners’ Association said the situation in the Gulf remains uncertain, preventing vessels from resuming transit. "We note the signals of a ceasefire, but the situation in the Strait of Hormuz remains unresolved and unpredictable," CEO Knut Arild Hareide said