Ships Get in Position for Oil to Start Flowing From the Gulf - WSJ

Ships are moving into position after a U.S.-Iran agreement to reopen the Strait of Hormuz, a step that should ease upward pressure on oil and transport costs. However, seafarers, insurers and operators remain cautious — full resumption of normal tanker traffic depends on credible demining, independent verification and multilateral security arrangements, as other reporting has noted. Production facilities and commercial inventories will also take time to restore, so near-term oil prices and supply chains may not immediately return to normal despite the agreement and ships’ movements.