The Korea Times
LONDON — Traffic remains limited Friday through the Strait of Hormuz, one of the world's most strategic chokepoints, two days after a fragile two-week ceasefire between the United States and Iran was expected to ease flows. The crucial waterway normally handles about a fifth of global crude oil and liquefied natural gas (LNG) and has been heavily disrupted since the Middle East war erupted with U.S. and Israeli strikes on Iran. Hundreds of ships with thousands of crew remain stuck in the Gulf. Here is what we know about the situation: Limited traffic Just 16 commodities carriers have passed through the Strait of Hormuz since a U.S.-Iran ceasefire took effect on Wednesday, according to maritime data provider Kpler, amid lingering fears about using the strategic waterway. Crossings remain approximately 90 percent below peacetime levels, with no significant increase observed since the ceasefire. All ships crossing were either coming from or going to Iran, or displayed ties with countries not hostile to Iran. Traffic is expected to remain at a maximum 10-15 passages a day "if the ceasefire hol
Go to News Site