“Shipowners will not resume transit through the Strait of Hormuz for weeks until they are confident that the US-Iran deal is “material”, the chief executive of Japan’s Mitsui OSK Lines told the Financial Times in an interview published on Tuesday (Jun 16)” - Source: Financial times

I have the same thinking as above. The current Middle East unrest is not so straightforward.

Takes weeks or months to improve the situation .😫 Current stock markets are way to optimistic. Let’s observe how the Fed chairman comments later.