Fitch Sees Sustainable Deal to Reopen Strait of Hormuz in First Quarter of 2027
JH Kim
Summary
- International credit rating agency Fitch said it expects a sustainable agreement to reopen the Strait of Hormuz to be reached in the first quarter of 2027.
- Fitch said its base-case scenario is that a sustainable agreement in some form will be reached in the first quarter of 2027 on reopening the Strait of Hormuz.
- The forecast points to the first quarter of 2027 as the expected timing for an agreement to reopen the Strait of Hormuz, but that does not mean an actual agreement has been finalized.
Forecast Trend Report by Period
Fitch Ratings expects a sustainable agreement to reopen the Strait of Hormuz to be reached in the first quarter of 2027.
Walter Bloomberg reported on October 12 that Fitch's base-case scenario is for "a sustainable agreement in some form" to be reached in the first quarter of 2027 on reopening the Strait of Hormuz.
Fitch did not specify what form the agreement might take, which countries would participate, or what terms it would include.
The forecast points to the first quarter of 2027 as the expected timing for an agreement to reopen the Strait of Hormuz. It does not mean a deal has already been finalized.
JH Kim
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