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HSBC’s Jain on Hormuz Strait Reopening

HSBC’s Jain on Hormuz Strait Reopening

Parash Jain, Global Head of Transport and Logistics at HSBC, says shipping companies remain in “wait-and-see” mode as the Strait of Hormuz edges closer to reopening under a US–Iran agreement. He notes the next 40–50 days will be critical in determining whether more vessels can…

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