Ship operators urge clear rules to return Hormuz to normal

Iran seeks recognition of Hormuz ‘sovereignty’ in high‑stakes end‑of‑war talks

Shipowners and maritime industry officials met at a Capital Link conference and other events to begin Posidonia, a week-long biennial shipping exhibition.

The specific terms of any agreement may evolve, and any diplomatic arrangement may still be delayed, contested or revised.

The oil market might face a new reality after the Iran war in which exports through the Strait of Hormuz do not return to the levels once considered normal, as shipowners now have to weigh the risk that fighting could abruptly break out in the volatile Persian Gulf.