### [2026-06-16](/feed/2026/06/16/index.md)

##### Economic impact of the 2026 Iran war
# The CEO of Mitsui O.S.K. Lines, world's largest operator of tanker ships, says that it will take weeks to restore normal traffic through the Strait of Hormuz. 




### Sources:

1. [Reuters](https://www.reuters.com/world/middle-east/strait-hormuz-transit-will-take-weeks-resume-largest-tanker-operator-tells-ft-2026-06-16/)

### Related:

1. [Indian Petronet liquefied natural gas tanker "Disha" crosses the Strait of Hormuz, the only known ship to pass since the announcement of the peace deal. ](/feed/2026/06/15/indian-petronet-liquefied-natural-gas-tanker-disha-crosses-the-strait-of-hormuz-the-only-known-ship-to-pass-since-the.md) _Context: Strait of Hormuz, tanker ships_
2. [Oil prices, including crude oil, fall by 5% after U.S. president Donald Trump announced that a deal has been reached to end the war, reopen the Strait of Hormuz and end the U.S. blockade. ](/feed/2026/06/14/oil-prices-including-crude-oil-fall-by-5-after-us-president-donald-trump-announced-that-a-deal-has-been-reached-to.md) _Context: Economic impact of the 2026 Iran war, Strait of Hormuz_
3. [Saudi Aramco CEO Amin Nasser says that the oil market will not normalize until 2027 if the Strait of Hormuz remains closed beyond mid-June. ](/feed/2026/05/11/saudi-aramco-ceo-amin-nasser-says-that-the-oil-market-will-not-normalize-until-2027-if-the-strait-of-hormuz-remains-clos.md) _Context: Economic impact of the 2026 Iran war, Strait of Hormuz_
4. [A South Korean tanker transports crude oil to the country via the Red Sea for the first time since disruptions to the Strait of Hormuz, as the government implements alternative supply routes to secure energy imports. ](/feed/2026/04/17/a-south-korean-tanker-transports-crude-oil-to-the-country-via-the-red-sea-for-the-first-time-since-disruptions-to-the-st.md) _Context: Economic impact of the 2026 Iran war, Strait of Hormuz, tanker ships_
5. [Russian foreign minister Sergey Lavrov states that Russia can supply energy to China and other countries affected by disruptions in shipments through the Strait of Hormuz amid the Iran war. ](/feed/2026/04/15/russian-foreign-minister-sergey-lavrov-states-that-russia-can-supply-energy-to-china-and-other-countries-affected-by-dis.md) _Context: Economic impact of the 2026 Iran war, Strait of Hormuz_
6. [The Pakistani energy ministry announces daily power outages of about two hours during evening peak demand periods throughout the country, except in Hyderabad and Karachi, to reduce fuel costs and limit tariff increases amid higher energy prices linked to disruptions in the Strait of Hormuz. ](/feed/2026/04/14/the-pakistani-energy-ministry-announces-daily-power-outages-of-about-two-hours-during-evening-peak-demand-periods-throug.md) _Context: Economic impact of the 2026 Iran war, Strait of Hormuz_
7. [Japanese shipping company Mitsui O.S.K. Lines says that a liquefied natural gas oil tanker registered in Japan crosses the Strait of Hormuz for the first since the beginning of the Iran war. A third ship also crosses the strait. ](/feed/2026/04/3/japanese-shipping-company-mitsui-osk-lines-says-that-a-liquefied-natural-gas-oil-tanker-registered-in-japan-crosses-t.md) _Context: Mitsui O.S.K. Lines, Strait of Hormuz_
8. [Brent crude oil surpasses US$110 per barrel after Iran's Islamic Revolutionary Guard Corps Navy turned away three container ships and declared the Strait of Hormuz closed. ](/feed/2026/03/27/brent-crude-oil-surpasses-us-110-per-barrel-after-iran-s-islamic-revolutionary-guard-corps-navy-turned-away-three-contai.md) _Context: Economic impact of the 2026 Iran war, Strait of Hormuz_
9. [COSCO Shipping resumes new container shipment bookings from the Far East to several Gulf countries after Iran allowed non-hostile vessels to pass through the Strait of Hormuz since yesterday. ](/feed/2026/03/25/cosco-shipping-resumes-new-container-shipment-bookings-from-the-far-east-to-several-gulf-countries-after-iran-allowed-no.md) _Context: Economic impact of the 2026 Iran war, Strait of Hormuz_
10. [Danish shipping firm Maersk says that it is suspending all vessel transits through the Strait of Hormuz until further notice due to the ongoing conflict in the Persian Gulf. ](/feed/2026/03/1/danish-shipping-firm-maersk-says-that-it-is-suspending-all-vessel-transits-through-the-strait-of-hormuz-until-further-no.md) _Context: Economic impact of the 2026 Iran war, Strait of Hormuz_