Unbiased AI-powered news
A fragile ceasefire between the US and Iran has led to minimal vessel passage through the Strait of Hormuz, with no oil or gas tankers reported since the agreement. Iran reportedly plans to restrict transit to 15 vessels per day under IRGC supervision. Shipowners and insurers express caution amid ongoing regional tensions.
upi.comThe Strait of Hormuz, a vital waterway for global oil shipments, has seen severely reduced traffic since the announcement of a US-Iran ceasefire. No oil or gas tankers have passed through the strait following the truce, with only four vessels carrying dry cargo recorded. Shipowners remain wary of transiting near Iran's coast due to the agreement's fragility.
Attacks in the region, excluding Lebanon, have decreased markedly, contributing to the ceasefire's tentative hold. However, overall ship movement in and out of the strait remains almost nonexistent. Several Chinese oil tankers have positioned to cross but are awaiting clearance.
maintains de facto control over the strait despite the ceasefire.
A senior Iranian source told TASS that under the agreement, no more than 15 vessels per day will be allowed to pass, contingent on IRGC approval and a specific protocol. This framework has been communicated to regional parties, with no return to pre-war transit levels planned. > "Under the current ceasefire, fewer than 15 ships per day are permitted to transit the Strait of Hormuz.
“— Senior Iranian source to TASS, April 9, 2026 (ZeroHedge)”
Vessels must coordinate with the IRGC Navy for passage. Iran's guidance warns of anti-ship mines in the main traffic zone, and all traffic is vetted based on geopolitical affiliation. Last week recorded 72 passages, 90% below normal volumes, with most vessels connected to Iran and some Indian ships approved via diplomatic intervention.
A handful of vessels crossed the strait on Wednesday without incident before Iran closed it again, citing Israel's attacks on Lebanon. The Associated Press noted that Iran's approval system for safe passage, managed by the IRGC, remains unchanged despite US President Donald Trump's demand to reopen the strait.
demands the unfreezing of its blocked assets within a two-week timeframe as a key guarantee. The end of the war must be formalized in a United Nations Security Council resolution based on Iran's terms. Iran has threatened to resume ballistic missile attacks if Israel continues actions against Hezbollah, and it prohibits US military buildup in the region during the ceasefire.
Talks between Iranian and US delegations are scheduled to begin Saturday in Islamabad, led by US Vice President JD Vance. Protocol for passage may include a $2 million fee per vessel payable in cryptocurrency, according to Lloyd's List. BBC Verify analysis confirms only a few vessels have crossed since the ceasefire.
The New York Times reported that the number of ships traveling through the strait has dropped even further under the fragile agreement. Insurers and others involved in shipping express concerns over safe passage risks.
These outlets didn't split into competing frames — coverage was uniform.
news.sky.comThe second wave of U.S. strikes began at 6 a.m. ET on July 16 and lasted 90 minutes. Iran closed the Strait of Hormuz over the weekend, cutting traffic that once carried one-fifth of global oil and LNG shipments.
bloombergquint.comThe trade pact eliminated UK tariffs on Indian jewellery. Indian indices fell while US markets rose on bank earnings. TSMC expanded its Arizona investment.
Abc NewsThe central bank lifted its policy rate by 0.25 percentage points on July 15. All seven monetary policy committee members backed the move amid inflation above target and rising household debt.