Hormuz Standoff Amid Ceasefire

Only a handful of Iran-linked ships have transited the Strait of Hormuz since the ceasefire began, far below normal commercial volumes.

The United Arab Emirates and other global energy exporters have called for the immediate and unconditional reopening of the chokepoint to ensure free navigation.

Iranian officials have published maps marking 'danger zones' and suggesting the presence of naval mines to pressure international negotiators.

This continued blockade has stifled a broader market rally and forced airlines to hike fees to cover surging jet fuel costs.