Is Strait of Hormuz Open Now? Strait of Hormuz Partially Reopens Under Fragile US-Iran Ceasefire

Source: International Business Times

The Strait of Hormuz, the narrow chokepoint that carries roughly one-fifth of the world's oil and liquefied natural gas, is no longer fully closed but remains heavily restricted as a two-week ceasefire between the United States and Iran took effect Tuesday, allowing selective "safe passage" for approved vessels while thousands of ships sit idle nearby. A satellite image of the Strait of Hormuz As of Wednesday, ship-tracking data showed only about 11 vessels transiting the strait in the past 24 hours — roughly 8% of normal daily traffic of around 60 to 135 ships. Throughput stood at approximately 1.