Oil traffic through the Strait of Hormuz remains largely frozen despite a U.S.-brokered ceasefire that was supposed to reopen the vital shipping lane, fueling new questions about whether Iran is honoring one of the deal’s key terms.
A backlog of roughly 3,200 vessels, including about 800 tankers and cargo ships, has piled up west of the strait as operators wait for confirmation that passage is safe.
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A backlog of roughly 3,200 vessels, including about 800 tankers and cargo ships, has piled up west of the strait as operators wait for confirmation that passage is safe.
No oil tanke...... to continue reading, follow the link below
Read more about 3,200 Ships Line Up To Cross Strait Of Hormuz