Tankers exit Gulf via Strait of Hormuz
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Iran is charging tolls of up to $2 million per ship as limited traffic starts to move through the strait.
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Strait of Hormuz oil traffic way down after ceasefire; Hassett says even one tanker is big deal
Trump said the temporary ceasefire is "subject to the Islamic Republic of Iran agreeing to the COMPLETE, IMMEDIATE, and SAFE OPENING of the Strait of Hormuz."
4hon MSN
Why reopening the Strait of Hormuz won’t be enough to solve shipping woes and high oil prices
Reopening the Strait of Hormuz is proving to be difficult. But even if the vital waterway fully opens and oil and other necessary cargo sail out, it won’t be enough to return things to normal.
In today’s newsletter: Only a handful of ships have passed through the Strait of Hormuz since the ceasefire deal was announced.