The oil and shipping industry remains largely in wait-and-see mode ahead of Friday’s deadline to reopen the Strait of Hormuz, although there are some tentative signs of preparations as a handful of ships begin rerouting toward the Middle East while Iranian tankers laden with oil move out.
Source: [Bloomberg Markets](https://www.bloomberg.com/news/articles/2026-06-17/oil-industry-makes-tentative-moves-ahead-of-deal-to-open-hormuz)