German shipping company Hapag-Lloyd is cautiously optimistic about a return to normal operations around the Persian Gulf following an initial US-Iran peace agreement.
The conflict, much of which was centered around the Strait of Hormuz, caused massive disruptions that led to higher insurance premiums and supply chain bottlenecks.
Industry experts warn that global shipping and the oil trade will take time to recover, as the waterway must first be cleared of mines.
Shipping companies are also concerned about the possibility of Iran introducing transit fees for vessels using the strategic waterway, a move that could increase costs and impact international trade routes.
This video summary was created by AI from the original DW script. It was edited by a journalist before publication.