Shipping analysis agency: Ship passage through the Strait of Hormuz remains restricted.

According to the report from the Iranian Tasnim News Agency on the 18th, Belgian shipping analysis firm Kepler Company stated that although the Strait of Hormuz reopened on the 17th, shipping in the strait that night was still limited to approved channels. Kepler Company believes that although the market has responded with "cautious optimism" to the news of the strait reopening, the supply situation remains "tense," and the full recovery of trade and confidence will take several months.