The Korea Times
SINGAPORE/OSLO — Shippers said on Wednesday they needed more clarity on the terms of the U.S.-Iran ceasefire before resuming transit through the Strait of Hormuz, as Iran issued fresh warnings about any vessels attempting to sail through the waterway. The six-week conflict had brought traffic through the strait — a chokepoint for about 20% of global oil and liquefied natural gas (LNG) shipments — close to a standstill, pushing global energy prices sharply higher. Iran said it would offer safe passage in coordination with its armed forces, though its coastguards warned on Wednesday that any ship attempting to sail without permissions would be "targeted and destroyed." Major shipping companies remain cautious The first vessel had transited the Strait with Iran's permission following the ceasefire, its state TV said on Wednesday. The ship's identity was not immediately clear, but MarineTraffic data showed two Greek-owned and one Chinese-owned bulk carriers passing through since early Wednesday. Iran has previously agreed safe-passage arrangements with several countries, including India a
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