Shipping through the Strait of Hormuz is cautiously recovering, with 31 verified vessel crossings logged on June 23, according to maritime tracker Kpler.
– The Brussels-based company, which follows commodity flows and ship movements using satellite and port data, said both commercial and energy-linked vessels were on the move, with most heading west to east.
– Iranian, Omani, and international routes were all in use, suggesting the waterway is functioning under the US-Iran memorandum of understanding.
– The narrow channel carries about a fifth of the world’s oil and gas in peacetime, and has been a flashpoint throughout the conflict.
– Earlier today, Trump again warned that he would not tolerate transit fees on ships using the strait, calling the idea “unacceptable”.
https://aje.news/qv0gtt?update=4698154