Reuters, citing Financial Times, reports that the world's largest tanker operator warns it may take weeks for oil tankers to resume transit through the Strait of Hormuz even after an agreement, due to the need to clear congestion, verify safety, resolve insurance issues, and prepare crews. The Strait of Hormuz, which typically handles about one-fifth of global oil and liquefied natural gas supply, has been effectively closed since the war began in late February.
