Business & Finance
HSBC’s Jain on Hormuz Strait Reopening
Key Points
Jun 17th, 2026 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 pass through, as de-mining operations are still underway. He does not expect significant movement in the short term.
Jun 17th, 2026
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 pass through, as de-mining operations are still underway. He does not expect significant movement in the short term. He speaks with Shery Ahn and Haidi Stroud Watts on "Bloomberg: The Asia Trade".
[Image text:] LIVE
Singapore
Parash Jain
HSBCGLOBALHEAD
OF TRANSPORT&
LOGISTICSRESEARCH
Bloomberg
The Asia Trade
IRAN MOVING OIL TANKERS AHEADOFUSDEAL SIGNING