Dozens of ships head through Strait of Hormuz after US-Iran deal
Summary
Since the US and Iran signed a deal to end the conflict, at least 172 ships have passed through the Strait of Hormuz, including 42 in one day. Many ships linked to Iran are moving through after the US lifted its naval blockade and eased sanctions, but traffic is still below normal levels due to safety concerns and unclear rules.Key Facts
- At least 172 vessels crossed the Strait of Hormuz since June 18, the day after the US-Iran deal.
- The number of daily crossings is still much lower than the usual 138 ships per day before the conflict.
- Over 200 tankers are waiting inside the strait, with some moving into the Gulf.
- The price of Brent crude oil dropped to its lowest since the start of the war.
- The US issued a license allowing the sale of Iranian oil and related products until August 21.
- At least 30 tankers have left the Gulf carrying Iranian oil since the deal.
- Ships are mainly using a northern route approved by Iran rather than the southern route recommended by the US.
- Safety concerns about sea mines in middle shipping lanes continue to limit traffic levels.
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