Splash Wrap: Hormuz at a standstill

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Splash Wrap: Hormuz at a standstill

AI Summary

Traffic through the Strait of Hormuz nearly stopped following US strikes on Iran. President Trump announced the end of the ceasefire, amid escalations that included attacks on commercial vessels, intensifying the conflict and impacting shipping.

Traffic through the Strait of Hormuz came to a near standstill after US strikes on Iran, with president Donald Trump declaring the ceasefire between the two countries “over.” The escalation followed attacks on three commercial vessels transiting the strait on July 6 and 7.  Ukraine has sharply escalated its campaign against Russian shipping and oil …

World Security Conflict Politics Commodities Energy Shipping Strait of Hormuz US-Iran tensions commercial vessels shipping disruption oil transport military strike

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