RT by @Malbrunot: The new SNSC statement setting out conditions for the opening of the strait lines up with my assessment from a few days ago. Iran won’t let traffic in the strait

The new SNSC statement setting out conditions for the opening of the strait lines up with my assessment from a few days ago. Iran won’t let traffic in the strait normalize until Trump credibly agrees to a comprehensive deal. Esfandyar Batmanghelidj (@yarbatman) My expectation is that the Iran-Oman deal over a new TSS in the Strait of Hormuz will lead to a modest recovery in vessel traffic, but that tanker transits will remain depressed at pre-MOU levels of around 5-7 million bdp.