Singapore - Global shipping companies are cautiously reassessing operations in the Persian Gulf following the announcement of a peace understanding between Iran and the United States, raising hopes of improved security in one of the world’s most critical maritime corridors.

Major container carriers including Maersk and Hapag-Lloyd have welcomed the development but emphasized that operational decisions will depend on a detailed evaluation of the evolving security environment.

“The latest developments give reason to hope that the security situation in the Strait of Hormuz will improve,” a Hapag-Lloyd spokesperson said. “We are reviewing the . . .