Hormuz Reopening Faces Costly Hurdles

Clara Gillespie, Senior Fellow at the Council on Foreign Relations, said that Gulf energy producers are working to clear ships, bring in tankers, restart halted output, and repair damage to refineries, liquefied natural gas facilities, and ports. Gillespie stated that shipping in the Strait of Hormuz remains below prewar levels, and that US pressure on Iran is complicating efforts to restore safe passage through the waterway.

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