According to a report by Iran's Tasnim News Agency on the 18th, Belgian shipping analysis agency Kepler said that although the Strait of Hormuz was reopened on the 17th, shipping in the strait was still restricted to approved waterways that night. Kepler believes that although the market reacted “cautiously and optimistically” to the news of the opening of the strait, the related supply situation is still “tense” and that the full restoration of trade and confidence will take several months.

According to a report by Iran's Tasnim News Agency on the 18th, Belgian shipping analysis agency Kepler said that although the Strait of Hormuz was reopened on the 17th, shipping in the strait was still restricted to approved waterways that night. Kepler believes that although the market reacted “cautiously and optimistically” to the news of the opening of the strait, the related supply situation is still “tense” and that the full restoration of trade and confidence will take several months.