Iran Weighs Pausing Its Hormuz Shipping to Avoid Derailing Talks

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the worldAmericas+1 212 318 2000EMEA+44 20 7330 7500Asia Pacific+65 6212 1000Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the worldAmericas+1 212 318 2000EMEA+44 20 7330 7500Asia Pacific+65 6212 1000Ships line up in the Strait of Hormuz, viewed from Khor Fakkan, UAE, in March.Iran is considering a short-term pause to shipments through the Strait of Hormuz to avoid testing a US blockade and scuppering a fresh round of peace talks, according to a person familiar with the Tehran’s deliberations.The potential pause reflects a desire to avoid immediate escalation at a sensitive diplomatic juncture as Washington and Tehran sort logistics for another face-to-face meeting, the person said, asking not to be identified as the deliberations are private.