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Hormuz shipping prospects remain uncertain

Source: Dawn
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Hormuz shipping prospects remain uncertain
Image: Dawn

• Tanker reports fresh explosions in strait; US naval blockade remains in place • US imports of Middle East crude set to cross 0.6m barrels per day • Vance, Ghalibaf trade barbs over ‘messy negotiations’ WASHINGTON / TEH­RAN: Despite an understanding between Iran and Oman, fresh security incidents in the Strait of Hormuz on Thursday highlighted the continued risks for regional shipping in the critical waterway. While the agreement would be a step towards reopening the key energy route, Iranian media stressed that any easing still hinged on Washington ending its own naval blockade of Iran’s ports. On Thursday, Centcom said it continued to enforce the naval blockade of Iran, redirecting 49…

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