The Edition
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2 days, 1 hour ago
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optimistic
Hormuz ship traffic climbs after war deal: trackers
Shipping traffic through the Strait of Hormuz rose to its highest rate in two months after a deal to halt the US-Iran war. On June 18, 25 commercial vessels crossed the strait, the highest single-day count since April 18, and more than five times the average daily level in early June. The strait had been effectively closed by Iranian forces after US and Israeli strikes sparked the war on February 28. Before the war, about 120 vessels a day passed through. The deal was announced on June 14, but talks in Switzerland were postponed. Shipping groups warn plans to resume traffic are not yet clear, and an international coordination body is expected to be established. Over 500 vessels and about 11,000 seafarers remain stuck in the Gulf.