Hormuz at a standstill as US–Iran ceasefire lapses and shipping slows

1 min read
Source: CNBC
Hormuz at a standstill as US–Iran ceasefire lapses and shipping slows
Photo: CNBC
TL;DR Summary

With the 60-day U.S.–Iran ceasefire expiring and talks stalled, Strait of Hormuz traffic slows dramatically, only a few ships passing as investors brace for disruption; Trump threatens military action against Oman if it blocks traffic while Iran denies direct talks and asserts control over Hormuz, signaling heightened risk to energy markets amid fraught diplomacy.

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