finance
Shipping through Strait of Hormuz to stay restricted for months
A shipping executive stated that mines will continue to limit vessel traffic in the Strait of Hormuz. Safe routes remain extremely limited, cutting capacity to roughly half pre-conflict levels.
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Mines placed in the Strait of Hormuz will continue to restrict commercial shipping for several months, according to statements from a shipping executive. The executive said safe passages are extremely limited, reducing traffic to approximately half the volume recorded before the conflict.
Route constraints Vessels must now follow narrow corridors that avoid known minefields. These corridors require slower speeds and additional escort arrangements. The reduced capacity affects oil tankers, container ships, and bulk carriers that normally transit the waterway daily.
Duration and outlook Clearance operations are underway but are not expected to restore full access before late 2026. Shipping schedules and insurance rates have already been adjusted to reflect the longer transit times.
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