Iran announced that the Strait of Hormuz would be open for the remainder of the ceasefire, but industry stakeholders remain cautious. A senior Iranian military official stated that merchant ships could pass through the Strait of Hormuz along designated routes with permission from the Revolutionary Guard Navy. German shipping company Hapag-Lloyd stated that it would temporarily refrain from transiting the strait while assessing the announcement. A spokesperson for the company stated in an emailed statement: “We are now beginning to assess the new situation and the risks involved. Therefore, we will remain temporarily refraining from transiting the strait.” The CEO of the Norwegian Shipowners' Association stated, “The situation in the Strait of Hormuz remains unresolved, with several unresolved uncertainties, including the presence of mines, Iran's applicable conditions, and issues related to actual implementation. These aspects need to be clarified before assessing any transit.” The President of Finland welcomed Iran's announcement regarding the opening of the Strait of Hormuz. However, a lasting solution requires diplomatic means. The Swedish Prime Minister stated that Sweden is prepared to ensure safe passage through the Strait of Hormuz after a permanent ceasefire is achieved. EU High Representative for Foreign Affairs and Security Policy Karas stated that the Strait of Hormuz must remain open and free of charge. Iran must abandon any plans to impose transit fees. (Jinshi)