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Hormuz shipping risk raised to severe after tankers hit, reviving US-Iran tensions
Partial recovery
The article says traffic had picked up from earlier lows, but not enough to count as normal. Ship-tracking data showed activity still well below the prewar baseline, which is a sign of partial recovery rather than full restoration.
That distinction is important because markets often react to headlines about reopening before shipping patterns truly normalize.
Why it lags
The biggest issue is uncertainty around safety and access. Even if diplomacy reduces immediate danger, carriers often wait for evidence that conditions are stable enough for routine operations.
That is why some experts in the article expect a slower return to normal than optimistic political statements suggest.
Timing debate
This source suggests a wide timing range rather than a precise month. Some projections imply gradual gains in the near term, but others say full normalization could take substantially longer.
Taken together, the piece argues against assuming a quick, one-month return to normal traffic.