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Oil tanker CEO sees Hormuz ship traffic quickly increasing if U.S. and Iran reach a deal

Many shipowners are just waiting for the threat assessment to be downgraded before crossing Hormuz, Frontline CEO Lars Barstad said.

Oil tanker CEO sees Hormuz ship traffic quickly increasing if U.S. and Iran reach a deal

Oil tanker CEO sees Hormuz ship traffic quickly increasing if U.S. and Iran reach a deal

Published June 11, 2026 · Category: Finance

Overview

Many shipowners are just waiting for the threat assessment to be downgraded before crossing Hormuz, Frontline CEO Lars Barstad said.

Source

Originally published at www.cnbc.com.

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