Strait of Hormuz: Where are the off ramps coming from?

SHIPOWNERS have stopped asking when the strait of Hormuz is going to open. Instead, they’re asking if it will open by the end of the year, or even further into the future. Military escalation might have ceased for a variety of reasons, but the situation has settle into somewhat of a stalemate. The US wants to avoid the conflict getting hotter, especially before the upcoming elections, while Iran…