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المشهد
Oil shipments via Strait of Hormuz during 60-day truce
Maritime traffic through the Strait of Hormuz has increased by more than four times over the past week following the signing of a 60-day ceasefire between Washington and Tehran. This has led to a decrease in insurance costs and shipping expenses. Commercial vessels have taken advantage of the calm situation and alternative routes, with four ships that were previously detained in the Gulf departing amid growing confidence in the possibility of passing through the strait without being targeted. Despite the previous escalation, Iran continues to set shipping restrictions and warns of the presence of mines in the strait, while commercial ships are leveraging this lull to boost their transit activity.
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