What happens when the Strait of Hormuz reopens? (opens original article in a new tab)
The Strait of Hormuz is expected to reopen after four months, with ships needing maintenance and mine clearance, and potential fees for Iran's Revolutionary Guard.
- The Strait of Hormuz shipping lane is set to reopen after four months of closure due to a US-Iran agreement.
- Ships may require maintenance and mine clearance before full traffic resumes, with some tankers taking over a month to reach Europe.
- Iran may charge maritime service fees instead of tolls, potentially funding its Revolutionary Guard.
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