The US and Iran are nearing an interim peace agreement, viewed as a success by both sides. While energy experts question how quickly it will reopen the Strait of Hormuz, a memorandum hints at potential sanctions waivers for Iran’s oil sales. Trust remains frail amid concerns over nuclear developments and regional conflicts.
On June 1, 2026, President Trump expressed optimism about negotiations with Iran for a peace deal, despite escalating tensions near the Strait of Hormuz. Iran accused the U.S. of inconsistency, expressing deep mistrust while emphasizing the need for agreements covering regional conflicts, particularly regarding Israel and Hezbollah’s military actions.
Lloyd’s Register, EXMAR, and the Belgian FPS for Mobility and Transport have developed interim guidelines for the safe use of ammonia as fuel on gas carriers. This initiative, which began over two years ago, aims to facilitate the maritime industry’s transition to sustainable fuel alternatives, addressing safety concerns while promoting flexibility in vessel design.
