Shippers and Oil Giants Seek Clarity on US-Iran Peace Deal (1)

June 15, 2026, 8:23 PM UTC

A US-Iran deal intended to reopen the Strait of Hormuz within days left many of the world’s top shipowners, traders and oil producer nations seeking clarity about the terms of the pact that’s pivotal to the global economy.

Some Persian Gulf energy officials said they were inundated with inquiries from buyers about whether they can now get oil out through the waterway. Shipping executives and traders said they need details on what the deal will mean before they can commit to transiting again.

While President Donald Trump posted on social media that ships are starting to move through the strait, ...

Learn more about Bloomberg Tax or Log In to keep reading:

See Breaking News in Context

From research to software to news, find what you need to stay ahead.

Already a subscriber?

Log in to keep reading or access research tools and resources.