After Iran Cease-Fire, Ship Traffic in Strait of Hormuz Remains Throttled
Key Points:
- Despite Iran's promise of "safe passage" as part of a cease-fire with the United States, there were few signs of a large-scale return of shipping through the Strait of Hormuz on Wednesday.
- Experts suggest that shipping traffic could resume more fully if operators perceive the passage terms as clear and the risk of attacks as reduced, but a return to prewar levels may take months.
- The Strait of Hormuz, a critical route carrying a quarter of the world's seaborne oil and one-fifth of its gas, has been effectively blocked by Iran during the conflict through mine-laying and attacks on vessels.