US-Iran ceasefire will not prompt ‘mass exodus’ of ships through strait of Hormuz, say analysts
Estimated 2,000 ships, including oil and gas tankers and cruise liners, remain trapped in the Persian Gulf since start of war There will be no “mass exodus” of ships through the strait of Hormuz, according to shipping analysts, despite the agreement of a two-week conditional ceasefire between the US and Iran and provisions for a temporary reopening of the crucial maritime channel. The ceasefire agreement “doesn’t change the situation in the sense that Iran is still in control,” said Richard Mead
Analysts expect only limited increase in shipping as vessels will still need to seek Iranian permission to transit
Middle East crisis – live updates
There will be no “mass exodus” of ships through the strait of Hormuz, shipping analysts say, despite a two-week conditional ceasefire being agreed between the US and Iran with provision for the temporary reopening of the crucial maritime channel.
Tehran said on Wednesday that it would offer safe passage in coordination with its armed forces, though its coastguards said any ship trying to transit without permission would be “targeted and destroyed”.
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