Trump says the Strait of Hormuz is “safe, secure and pristine.” Shipping companies aren’t convinced.
Major shipping companies still see transiting the Strait of Hormuz as “very risky” and say there’s little appetite to resume normal operations through the vital waterway until more details of the U.S.-Iran deal become clear. Multiple companies say firm security guarantees are needed, despite an assurance from President Trump of a “totally safe, secure, and … Read more