Traffic through the waterway has reportedly slightly increased, though the passage is still fraught with immense risks

The Strait of Hormuz – a critical chokepoint accounting for 20% of seaborne oil trade prior to the US-Israeli war against Iran – remains effectively blocked despite the tentative ceasefire. The traffic has ground to a halt due to the risks posed by mines, recurring attacks, and ship seizures, as well as insurers’ reluctance to step in.

The US maintains its own blockade on Iranian ports, with NATO countries reportedly considering taking on a role in escorting ships in the area.

Despite the severe disruption, media reports…

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