What is going on in the Strait of Hormuz?

This episode of the Lloyd’s List podcast is brough to you by Veson. Visit www.veson.com for more information Open, closed, and now open again? Optimism that traffic might return to something resembling normality fairly quickly turned to uncertainty again as the Islamic Revolutionary Guard proclaimed the Strait of Hormuz closed on Saturday. It accused the US of not following its agreement and cited Israeli strikes on Lebanon as rationale for closing the strait again. How, as a shipowner, do you begin to decide whether to transit the strait or return to the Middle East Gulf? Will you have to pay a toll? What are investors making of the uncertainty? To answer those questions, Lloyd’s List senior reporter Joshua Minchin was joined by: • Richard Meade, editor-in-chief, Lloyd’s List • Cichen Shen, Asia Pacific editor, Lloyd’s List • Tomer Raanan, maritime risk analyst, Lloyd’s List