Hormuz Strait reopening faces costly shipping and political hurdles

Restoring Gulf energy flows through the Strait of Hormuz faces major hurdles including clearing ships, bringing in tankers, restarting halted oil output and repairing LNG facilities, refineries and ports, according to Council on Foreign Relations senior fellow Clara Gillispie. Shipping traffic remains below prewar levels and US pressure on Iran is complicating efforts to establish safe passage. A full recovery is expected to take considerable time.