According to a statement today (Wednesday) from Iraq's Ministry of Trade, the reopening of the Strait of Hormuz has led to a gradual recovery in maritime traffic, although activity remains below normal levels amid continued geopolitical uncertainty.It says early signs of improvement have been observed in trade flows, particularly in energy and goods shipments, as previously delayed cargo begins to move; this has contributed to a limited easing of pressure on supply chains and a short-term stabilization in energy markets.Key positive impacts include:Resumption of delayed energy and goods shipmentsPartial easing of global supply chain disruptionsReduced risk of acute shortages in key importing regionsInitial stabilisation in energy pricesHowever, several constraints continue to limit a full recovery:Cautious approach by shipping and insurance companies due to security concernsOngoing logistical imbalances caused by rerouted global shipping networksElevated insurance and freight costsFragility of the ceasefire and lack of long-term stabilityThe Ministry statement concluded:"The reopening of the Strait of Hormuz represents a positive step towards containing the repercussions of the crisis, yet it does not amount to a definitive resolution. The positive effects will remain gradual and time-limited unless underpinned by long-term security stability."Markets remain in a state of anticipation, poised between the phases of shock and recovery, awaiting clearer signals that would restore confidence and return global trade flows to full fluency." (ICE AMMAN)

Fonte notizia: Stampa Locale