Clearing mines in the Strait of Hormuz may take several weeks, and there is still a risk of delay in the full resumption of shipping According to BlockBeats, on June 15th, Western maritime security agencies reported that even if the conflict cools down after the preliminary peace agreement between the United States and Iran, it may still take several weeks to completely clear the mines in the Strait of Hormuz and restore safe navigation. The report points out that the mine clearance operation of minesweepers and underwater unmanned equipment may last for 40 to 50 days, during which shipping companies still have difficulty confirming the safety of passage, and large oil tankers may continue to observe before resuming navigation. Jakob Larsen, the head of safety and security at BIMCO, an international shipping organization, stated that the water area is still considered a high-risk zone for now and in the foreseeable future. "The threat of mines still exists and a completely risk-free route needs to be established before normal traffic can resume. Analysts point out that the value of super tankers and their cargo can reach up to $300 million, leading shipping companies to generally adopt a cautious attitude until safety is fully confirmed. Despite delays in the resumption of navigation, market expectations for a peace agreement continued to drive down oil prices, with Brent crude oil and WTI falling by about 5% at one point, falling to around $83 and $80.5 respectively. At the same time, US Vice President Vance stated that there are still many details to be finalized in the US Iran agreement, and the next 60 days of negotiations will revolve around the verification mechanism and the path to lifting sanctions. He emphasized that the United States "holds the initiative" in the negotiations and stated that the core of the agreement includes reopening the Strait of Hormuz and Iran abandoning its nuclear weapons program. [Original link]