Shipping companies have welcomed Iran's announcement that the Strait of Hormuz is open, but they stated that they need clarifications before resuming sailings, reported Reuters.

Iran's Foreign Minister Abbas Araghchi announced that the strait was open to all commercial vessels during a 10-day ceasefire in Lebanon, which led to a fall in oil prices and a rise in stock markets. However, transit would be restricted to lanes deemed safe by Iran, with military vessels prohibited.

IMO Secretary-General Arsenio Dominguez mentioned that the agency was verifying the announcement to ensure compliance with freedom of navigation and secure passage. The Norwegian Shipowners' Association indicated that clarifications were needed regarding mines, Iranian conditions, and practical implementation.

BIMCO cautioned its members against returning to the strait, citing unclear mine threats. A US Navy advisory also warned that the risks posed by mines were not fully understood.

Germany's Hapag-Lloyd stated that it was working to resume sailings as soon as possible, but noted that several questions remained. Its crisis committee is seeking answers within 24-36 hours. Danish carrier Maersk mentioned that it was monitoring the situation, while CMA CGM and Frontline declined to comment.

Analysts noted that Tehran's imposed route near Larak Island could present navigational challenges and raise compliance and insurance concerns. US President Donald Trump stated that Iran had agreed never to close the strait again and was removing mines.

Disruption at the strait, one of the world's most critical maritime chokepoints, has forced shipping companies to suspend sailings, reroute cargo, and rely on costly alternatives to maintain Gulf trade.