US and Iran have reached a political agreement to reopen the Strait of Hormuz,
but sources say operational resumption will be complex and likely phased.
Commodity data firm Kepler reports about 118 laden oil tankers remain stranded
in the Persian Gulf awaiting transit; analysts estimate 10–15 days to clear that
backlog. If hundreds more vessels converge, transit sequencing will be the key
constraint on recovery speed. Given the impact on global energy supply, oil
tankers and LNG carriers are expected to receive priority while container and
other cargo ships may face extended delays.
