Strait of Hormuz: What has happened since the US-Iran MoU on June 17?
Summary
More than three weeks after the United States and Iran signed a memorandum of understanding (MoU) to end conflict and reopen the Strait of Hormuz, attacks on ships and military strikes between the two countries have resumed. The situation has led to fears of a return to full conflict and risks disrupting a crucial global oil shipping route.Key Facts
- The Strait of Hormuz is a narrow waterway vital for global oil shipping, with about 20 million barrels passing daily before the conflict.
- Since the US-Iran MoU on June 17, at least five commercial ships have been attacked in the Strait of Hormuz or nearby waters.
- The US military responded to attacks with strikes on Iranian coastal cities, including Tehran, while Iran fired missiles and drones at US bases in Gulf countries.
- The US President Donald Trump stated he believes the ceasefire is over, raising concerns of renewed war.
- Iran has threatened to close the Strait of Hormuz again, which would disrupt global energy supplies.
- Ship traffic through the Strait has remained much lower than usual since reopening after the MoU, averaging 28 ships per day compared to about 100 pre-war.
- Some ships have turned on tracking devices to signal their positions, but many have not, making it harder to monitor traffic fully.
- The conflict affects global trade and energy markets due to the strait’s strategic importance.
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