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Three reasons ships are not going through the Strait of Hormuz yet

Three reasons ships are not going through the Strait of Hormuz yet

Summary

Ships are not yet passing through the Strait of Hormuz despite President Donald Trump's announcement of a US-Iran deal to reopen it. Many vessels remain stuck in the Gulf because of security risks, mine threats, and navigation tolls, following recent military conflicts and blockades.

Key Facts

  • The Strait of Hormuz is a key route for about 20% of the world’s oil and gas transport.
  • After US and Israeli strikes on 28 February, Iran effectively closed the strait.
  • More than 580 ships, including tankers and cargo ships, are currently waiting inside the Gulf.
  • About 75% of the tankers in the Gulf are not moving, most near oil export terminals in Saudi Arabia, Iraq, and the UAE.
  • Iran has fired on ships trying to pass without permission since February.
  • The US naval blockade of Iranian ports started on 13 April and disables ships that don’t comply.
  • President Trump said the blockade would stay until the Iran deal is fully signed.
  • There are risks of sea mines in the area, which Iran has threatened to use if attacked.
  • Ship captains and owners are cautious and waiting to see if conditions improve before sailing through the strait again.
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