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• Iran Requiring IRGC Coordination for Hormuz Transits
  All ships can sail through the Strait of Hormuz but this needs to be coordinated with Iran’s Islamic Revolutionary GuardCorps (IRGC), a senior Iranian official told Reuters, adding that unfreezing Iranian funds was part of the deal.
• Greek Shipowner Sends Biggest Oil Tanker Yet Through Hormuz
  (Bloomberg) — A Greek shipowner whose vessels have repeatedly braved the Strait of Hormuz during the Iran war sent through its biggest oil supertanker since the start of the conflict....
• Hold the Champagne: Oil Recovery Faces Weeks of Delay as Supply Chain Shocks Deepen
  Don’t be fooled by the latest declaration that the Strait of Hormuz is “open.” Many things still need to be put in place for that to truly happen. There is a lot of bluster right now—don’t get caught up in it.
• Shipping Industry Pushes Back on ‘Open’ Hormuz Narrative as Risks Persist
  The global shipping industry is urging caution after declarations from both Washington and Tehran that the Strait of Hormuz is “open,” warning that conditions on the water remain far from...
• Europe Moves From Rhetoric to Planning as Paris Summit Weighs Hormuz Security Mission
  The prospect of a multinational mission to secure commercial shipping through the Strait of Hormuz has moved sharply up the diplomatic agenda after European leaders gathered in Paris today, even as Iran and the United States declare the waterway “open” following a ceasefire tied to Lebanon.