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Oil tanker CEO sees Hormuz ship traffic quickly increasing if U.S. and Iran reach a deal
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- Commercial ship traffic through the Strait of Hormuz should quickly increase if the U.S.
- "I'm actually very optimistic the minute the tide turns and the U.S.
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Commercial ship traffic through the Strait of Hormuz should quickly increase if the U.S. and Iran reach a stable agreement that improves security in the strategic sea lane, the CEO of a leading oil tanker company told CNBC.
"I'm actually very optimistic the minute the tide turns and the U.S. and Iran have found some sort of agreement, at least not to attack shipping, that those transits are going to resume pretty quickly," said Lars Barstad, CEO of the publicly traded tanker company Frontline, in an interview this week.
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