Canadian Prime Minister Carney said Canada welcomes the new agreement between the US and Iran and thanked Pakistan, Qatar and other regional partners for their role in the negotiations.

Sparta Commodities research head Neil Crosby expects shipping in the Persian Gulf to recover this week as the Strait of Hormuz is due to reopen on Friday, but full clearance of the backlog will take longer — hundreds of vessels remain trapped and mine‑clearing operations will be slow. Crosby called expectations of a full restoration of transit volumes within one to two weeks overly optimistic. Unresolved transit-fee arrangements and pending insurer guidance are adding route-choice uncertainty, and some owners are reluctant to ballast empty to the Arabian Gulf.

China MSA website: Dalian Maritime Safety Administration issued a navigational warning—parts of the northern Yellow Sea will be closed to navigation for live-fire exercises from June 16 10:00 to June 18 17:00.