HORMUZ TRAFFIC DROPS AS CEASEFIRE COLLAPSES Ship crossings through the Strait of Hormuz fell to 25 yesterday, below the recent daily average of 30–50. Traffic slowed after President Trump declared the U.S.–Iran ceasefire over and both sides exchanged further strikes. Maritime analysts say the recent recovery in shipping activity has collapsed, with the Strait again operating under full conflict conditions.

HORMUZ SHIPPING SLUMPS AS ENERGY MARKETS TIGHTEN Commercial vessel traffic through the Strait of Hormuz fell 19% last week, with daily crossings dropping to 25 from 120 before the conflict. Freight rates declined but remain nearly double pre-conflict levels. Meanwhile, refinery damage has tightened fuel supplies, boosting refining margins and petrochemical profits, while global crude inventories continue to fall.

HORMUZ FEES COULD SHAKE GLOBAL SHIPPING Oman has told European allies that ships passing through the Strait of Hormuz may face new fees for navigation or environmental services. The proposal has raised concerns among Western and Gulf nations, which fear joint management with Iran could threaten free passage and increase shipping costs for global energy and trade.

HORMUZ TRAFFIC REBOUNDS AS CAUTION REMAINS Verified Strait of Hormuz crossings rose to 25 on 18 June, signaling a recovery in maritime activity. Traffic flowed both ways, with five sanctioned vessels recorded and no new attacks confirmed since 10 May. While the US-Iran memorandum supports safer navigation, unresolved details and continued dark crossings show shipowners remain cautious.

HORMUZ REOPENING COULD TRIGGER SHORT-TERM TANKER SURGE – KPLER Kpler says reopening of the Strait of Hormuz could initially release about 118 trapped laden tankers, causing a sharp but temporary spike in traffic over 10–15 days. Recovery speed depends on how quickly new vessels return. In a base case, transits rise from ~15 per day to 40 by month-end, with tankers making up around 60%, while a faster rebound scenario remains unlikely.

HORMUZ SHIPPING RESUMES GRADUALLY AS DEAL PROGRESSES Iran says the blockade of the Strait of Hormuz has eased, with a limited number of vessels allowed through ahead of the US-Iran deal signing, according to Deputy FM Majid Takht-Ravanchi. Ship tracking and reports show several tankers and cargo vessels transiting in recent hours. US officials say the waterway is reopening under the agreement, with full normalization expected after final signing and technical implementation.