Trump said the Strait of Hormuz would reopen fully from June 19 under the U.S.-Iran peace deal, maritime outlets including Seatrade Maritime reported. The accord to be signed June 19 pairs the lifting of the U.S. blockade of Iranian ports with Iran's reopening of the strait.

Iran's semi-official Fars news agency said transits would be free for 60 days, after which Tehran would begin charging. Administration of 'navigation services' in the strait is to be decided jointly by Iran and Oman.

Industry stays cautious

Yet the shipping mood is wary. Owners and traders say they need far more detail to judge whether safe passage is possible. Industry groups note that recovery depends on security assurances, mine clearance and coordinated vessel movements, with congestion in the narrow strait adding risk.

Traffic remains in the single-digit percentages of the pre-conflict average of 138 transits a day. The LNG carrier Disha, however, has moved into the eastern arm of Hormuz toward the Gulf of Oman in what amounts to a test run.

Hormuz is a chokepoint for a large share of the world's seaborne crude. A reopening that becomes real traffic would push down oil prices, freight and premiums, but insurers are widely expected to need more time before lifting war-risk surcharges.

The crux is whether a 'paper reopening' matches safety on the water. Only after formal signature, confirmed mine clearance and escort arrangements are large carriers likely to return in force.