Global shipping companies are delaying the resumption of traffic through the Strait of Hormuz until tangible security guarantees are provided.Major firms like Mitsui O.S.K. and Maersk insist that a formal US-Iran agreement is insufficient to ensure safety after months of conflict.The strategic waterway, which handles 20% of the world's oil and gas, remains largely blocked despite claims from Donald Trump that the route is safe.Stakeholders expect that a memorandum of understanding to be signed in
Switzerland will lead to slow, phased restoration of normal transit volumes.