Shipping through the Strait of Hormuz remains severely constrained despite a recently established US-Iran ceasefire. Normal traffic has not resumed, with Iran maintaining a firm position on lifting its blockade of the vital waterway.
Several vessels, including Japanese and Chinese oil tankers, are currently positioned near the strait, with some attempting passage. However, transits remain limited – only three vessels have crossed since the ceasefire began, and some have turned back.
Shipowners are scrutinizing the situation, and vessels are hesitant to approach the Iranian coast due to the fragile agreement. Traffic has actually decreased, with only a small number of ships, mostly those with prior connections to Iran, observed making voyages out of the Persian Gulf.
The situation forces some countries to consider deals that may conflict with U.S. policy, as Iran continues to control traffic flow through this critical route for oil and commodity exports.