Strait of Hormuz will open soon, no tolls for Iran
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A Thai-flagged cargo vessel was struck in the Strait of Hormuz on Wednesday shortly after departing from the United Arab Emirates, as regional tensions continue to disrupt one of the world’s most critical shipping lanes.
Even after a cease-fire, Iran is keeping a chokehold on traffic, forcing countries to cut deals that could put them at odds with the U.S.
Ship traffic through the Strait of Hormuz stood at well below 10% of normal volumes on Thursday despite a U.S.-Iran ceasefire as Tehran asserted its control by warning ships to keep to its territorial waters while doing so.
Cargo vessels and tanker transits through the Strait of Hormuz saw a minimal rise last week, despite Defense Secretary Pete Hegseth’s denial the waterway is facing a blockage. Shipping analysis Lloyd’s List reported Monday that recent transits still represent less than 10 percent of the average traffic.
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Iran unable to reopen Strait of Hormuz after losing track of where it placed mines: US officialsSome of the sea mines were reportedly deployed haphazardly or may have drifted, US officials stated, making them difficult to locate and remove
President Donald Trump said the U.S. military would remain around Iran until a real agreement is reached and fully complied with.
President Donald Trump sought to ratchet up pressure on Iran to cut a deal as the two sides prepared for direct talks in Pakistan to turn their fragile truce into a lasting peace.