Weekly insights and analysis on the latest developments in military technology, strategy, and foreign policy.
The U.N. International Maritime Organization (IMO) paused its plan to evacuate hundreds of ships stuck in the Persian Gulf after a vessel was attacked in the Strait of Hormuz on Thursday. A U.S. official told us the attack was carried out by an Iranian drone, which was confirmed by Iranian officials.
The evacuation plan, which IMO developed with Oman, was designed to provide safe passage to vessels in the Persian Gulf that are still unable to transit the Strait, which has been largely closed since Iran was attacked by the U.S. and Israel. The announcement came as traffic was beginning to move through the Strait again amid ongoing, albeit tense peace talks between the U.S. and Iran. However, these transits represent a tiny fraction of what took place before the war.
IMO pauses evacuation plan. “I have been informed of an attack today in the Gulf of Oman. Seafarer safety remains paramount. To ensure coordinated approach & navigational safety, the IMO evacuation plan will be paused until further clarity.” – @IMOSecGenhttps://t.co/UtvKjTtG5Npic.twitter.com/29m2lMkt1V
— International Maritime Organization (@IMOHQ) June 25, 2026
The IMO decision today also came after a warning earlier on Thursday by the Islamic Revolutionary Guard Corps Navy (IRGC-N) that safe passage through the Strait was limited to routes designated by Tehran and that other routes were “unacceptable and completely dangerous,” according to The Washington Post. The publication cited Iranian state-run media. The IRGC-N also claimed it turned back several ships trying to transit the Strait through the southern route suggested by IMO. There is also a northern route, near the Iranian coastline while concerns remain about mines in the main route, down the middle of the Strait.
IMO said it is pausing its evacuation plan even though the ship that was attacked was not taking part in that nascent effort.
“Following the launch of the IMO’s evacuation plan, through which several vessels have already been successfully evacuated, I have decided to temporarily pause its implementation in order to reconfirm that the necessary safety guarantees continue to be in place for the ships on our evacuation list and all those in the region,” IMO Secretary-General Mr. Arsenio Dominguez said in a statement. “I have been informed of an attack today in the Gulf of Oman on a vessel which passed through the Strait of Hormuz. This vessel did not transit under IMO’s evacuation framework. I have always reiterated that the safety of the seafarers remains paramount. Therefore, to ensure a coordinated approach and navigational safety, the evacuation plan will be paused until further clarity is obtained.”
“Today marks the Day of the Seafarer, underlining the importance of ensuring that the continued evacuation of the thousands of seafarers stranded in the Persian Gulf can proceed without the risk of them becoming collateral victims in this geopolitical conflict,” Dominguez added.
“To all seafarers: thank you. Your work is essential to the functioning of the global economy and the daily lives of people around the world. While it may not always seem visible, your safety, security and welfare remain our highest priority.” @IMOSecGen#DayoftheSeafarerpic.twitter.com/qcNPU6Rv9U
— International Maritime Organization (@IMOHQ) June 25, 2026
A maritime security official told us the ship that was attacked was the Ever Lovely, a Singapore-flagged cargo ship, according to MarineTraffic. The incident occurred about 7.5 nautical miles southeast of Dahit, Oman, according to the United Kingdom Maritime Trade Operations (UKMTO) center.
“A cargo vessel has been hit on the starboard side by an unknown projectile, causing damage to the bridge,” UKMTO stated on X. “Master has reported no casualties and no environmental impact. Authorities are investigating. Vessels are advised to transit with caution and report any suspicious activity to UKMTO.”
As we reported yesterday, IMO along with Oman devised a plan to allow vessels to leave the Persian Gulf through a southern route along the Omani coastline. The southern route is clear of mines and is the preferred route, according to the Joint Maritime Information Center.
A second route, to the north along the Iranian coastline, is controlled by the Islamic Republic.
Some guidelines for ships transiting the Strait of Hormuz in the corridor made available by the Sultanate of Oman in coordination with the International Maritime Organization (IMO). pic.twitter.com/x5hUx0TkKS
— مركز الأمن البحري| MARITIME SECURITY CENTRE (@OMAN_MSC) June 24, 2026
In its initial unveiling of the evacuation plan, IMO said “this large-scale operation will be carried out in close cooperation with Iran, Oman, all other coastal States in the region, the United States and the maritime industry.”
We reached out to IMO for more information given that the IRGC-N is apparently not cooperating.
As we noted earlier in this story, there has been a spike in traffic through the Strait since last week’s signing of the Memorandum of Understanding (MoU) between Washington and Tehran.
Hormuz traffic sees a sharp d/d uptick
Confirmed Strait of Hormuz crossings rose to 70 on 24 June, up 105% day on day, as demining efforts advanced and operators increasingly used the Omani route. Commercial traffic accounted for most activity, with 53 transits, while low-risk… pic.twitter.com/Afhj0gqoHt
However, the IRGC-N’s new stance “marks a reversal in the normalization trajectory building since the MoU signing,” the Windward maritime intelligence firm warned on Thursday.
“The IRGC published a claim on its official Telegram channel that three tankers transiting the southern corridor had been ordered to turn back. Windward identified five vessels exhibiting behavior consistent with that claim, with a sixth losing AIS signal during the incident,” the intelligence firm noted.
“A VHF Channel 16 broadcast warned all vessels that transit without AIS or IRGC permission would be at their own risk,” Windward added. “The southern corridor, previously described as not requiring Iranian approval, is now subject to active IRGC enforcement, eliminating the only route operators believed to be free of Iranian control.”
Ships are turning around again in the Strait of Hormuz following Iranian reiteration that only ships with Iranian permission may transit.
Sepah Navy (IRGC) continues to broadcast that the Strait is closed and warns of consequences should vessels continue to pass.
It remains to be seen how or if this latest turn of events will alter what has been a positive trajectory for commercial shipping in the Strait. Simmering frictions between the IRGC and Iranian government that have emerged in recent months make it difficult to assess just who is in control in Iran and who has the final say in operations on this strategic waterway. Regardless, a pause in the evacuation plan and a new kinetic strike on shipping are not good omens.
US Secretary of State Marco Rubio said all Gulf countries oppose a toll in the Strait of Hormuz during a tour of the region following US-Iran talks. Rubio added, “There isn’t a nation on Earth that supports having to pay money to go through the straits”.
Iran’s Islamic Revolutionary Guard Corps (IRGC) has warned commercial vessels to only use routes through the Strait of Hormuz approved by Tehran, reopening a point of friction in fragile negotiations between the United States and Iran over the future of the strategic waterway.
The warning came after Oman announced a new shipping transit route through the strait on Wednesday, saying it had coordinated the route with the International Maritime Organization (IMO) as maritime traffic slowly resumes following weeks of disruption.
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The dispute remains one of the unresolved issues after a memorandum of understanding (MoU) was signed by the United States and Iran last week, which largely halted hostilities in the four-month US-Israel war on Iran and which launched a 60-day negotiation process aimed at reaching a broader peace agreement.
The MoU, which includes the reopening of the strait, followed months of severe disruption to shipping after Iran effectively closed it, and the US imposed a corresponding naval blockade on Iranian ports.
Both Washington and Tehran have declared the strait open to commercial shipping, but questions remain over whether Iran will seek greater control over vessel movements, whether it will impose transit or service fees on ships using the strait following the 60-day negotiating period, and whether disagreements over the waterway could derail efforts to reach a permanent agreement altogether.
Why is the Strait of Hormuz so important?
The Strait of Hormuz is one of the world’s most strategically significant waterways, with around one-fifth of global oil and liquefied natural gas (LNG) supplies normally being shipped through the narrow passage linking the Gulf to the Arabian Sea.
Bordered by Iran to the north and Oman and the United Arab Emirates (UAE) to the south, the strait is only about 50km (31 miles) wide at its entrance and exit, narrowing to about 33km (21 miles) at its tightest point. Despite its width, it is deep enough to accommodate the world’s largest oil tankers.
According to the US Energy Information Administration, about 20 million barrels of oil and petroleum products transited the strait each day in 2025, representing hundreds of billions of dollars in annual energy trade.
The route is used not only by Iran but also by Iraq, Kuwait, Qatar, Saudi Arabia and the UAE. It is also vital for global fertiliser exports, with roughly one-third of international fertiliser trade normally passing through the strait.
Because disruptions to shipping there rapidly push up global energy prices and destabilise US markets, control of the waterway has become one of Iran’s strongest sources of strategic leverage in its conflict with the US.
(Al Jazeera)
Why is Iran objecting to Oman’s new route?
The IRGC says Oman and the IMO announced the new shipping corridor without consulting Tehran. “Certain authorities have announced a new shipping route through the Strait of Hormuz without prior notification to or coordination with the Islamic Republic of Iran. The proposed route is unacceptable and poses serious safety risks,” the force said.
“The only authorised transit routes through the Strait of Hormuz are those designated by the Islamic Republic of Iran,” it said, adding that ships must maintain contact with the IRGC Navy while transiting the waterway.
Iran first issued its own map of acceptable routes through the strait in April, showing that ships should pass much closer to the Iranian coast than they had previously.
(Al Jazeera)
The IRGC’s warning came after a Liberian oil tanker passed through the strait on Thursday using a route much closer to Oman’s coastline.
Al Jazeera’s Resul Serdar, reporting from Tehran, said the IRGC appeared frustrated because the Omani route partially bypasses Iran’s direct control over shipping.
“The control of the Strait of Hormuz has been a huge leverage for Iran to put pressure on its adversaries and the global economy since the beginning of the war,” Serdar said.
Oman defended the corridor route it had announced, saying it was intended to restore safe navigation while complying with international law. Foreign Minister Badr Albusaidi said Oman remained committed to ensuring freedom of navigation through the waterway and stressed that “future arrangements related to the strait do not involve imposing any transit fees”.
What does the US-Iran agreement say about the strait?
In the MoU signed last week, Iran agreed that it would “make arrangements using its best efforts for the safe passage of commercial vessels with no charge, for 60 days only, from the Persian Gulf to the Sea of Oman and vice versa”.
While the agreement states that “the traffic of commercial vessels will immediately start”, it also acknowledges that demining operations will be required before normal shipping routes can fully resume, stating that “demining by the Islamic Republic of Iran will be instated within 30 days”. It also provides for discussions between Iran, Oman and other Gulf states on future arrangements for managing the waterway.
However, the memorandum does not specify what will happen after the initial 60-day period. Ali Vaez, Iran project director at the International Crisis Group, said the temporary rerouting of vessels had always been expected because of the mine-clearing operations outlined in the agreement.
“We always knew that if there was a deal, there would be several weeks of mine-clearing operations in the international shipping lane running through the middle of the Strait of Hormuz,” he said.
“During that period, vessels would have to transit through Iranian and Omani territorial waters instead.”
However, Vaez said the latest announcement by Iran was unexpected. “The important thing now is that the Iranians do not start taking fees or other tolls,” he said, “because that is not provided for in the memorandum of understanding.”
Asked whether the IRGC’s position differed from that of Iran’s government, Vaez said: “There is no distinction between the IRGC and the state. They are effectively one and the same. The IRGC is calling the shots.”
Can Iran charge ships fees?
International law generally protects the right of transit through international straits, including Hormuz, making it difficult for coastal states to impose unilateral transit fees on vessels simply passing through international shipping lanes, even where they are within territorial waters.
Last week, Iran announced it would waive planned fees through the strait for 60 days while talks with the US continue in Switzerland, suggesting charges may be introduced once the negotiating period expires.
Iran’s chief negotiator, Mohammad Bagher Ghalibaf, has signalled that Tehran views the post-war arrangement as fundamentally different from the status quo that existed before the conflict.
“Hormuz will never return” to its prewar status, Ghalibaf said.
The suggestion that Iran could charge fees was dismissed by US Secretary of State Marco Rubio this week. Speaking at the start of a regional tour in the United Arab Emirates, he said: “It’s an international waterway. No country is allowed to charge tolls or fees on an international waterway.”
Rubio added that he believed “all the countries in this region would agree”.
Speaking in Manama, Bahrain, after meeting with the Gulf Cooperation Council (GCC) – a bloc comprising Bahrain, Kuwait, Oman, Qatar, Saudi Arabia and the UAE – on Thursday, Rubio also told reporters: “Iranians are saying one thing, but then something else is actually happening.
“It’s now obvious to us that … the Iranian system is going to produce all sorts of maximalist rhetoric. What we’re interested in is not their press conferences. What we’re interested in is whether or not ships are moving. If ships are moving as they should be moving, then that’s what we’re going to judge.
“If, on the other hand, this rhetoric is backed up by actual ships being threatened and ships are not moving, then that’s a violation of the agreement, and we’re going to have a problem with it.”
Rubio claimed there is no regional support for Iranian transit fees, saying, “There is zero support among Gulf countries for any sort of toll or fees charged for the use of international waters … that isn’t going to happen.”
His comments came after UAE presidential adviser Anwar Gargash said that new “geopolitical facts” could not be imposed on the Arab Gulf states as a result of what he described as the “treacherous aggression against them”.
Are ships returning – and which route are they taking?
Some commercial shipping through the strait has resumed, although traffic remains well below normal levels. Before the conflict, between 120 and 140 vessels typically transited the strait each day.
According to shipping analytics company Kpler, confirmed crossings rose to 70 vessels on Wednesday as demining progressed and more operators began using the Omani route.
“The US-Iran MoU framework and apparent lifting of the US blockade appear to have supported a short-term confidence boost, although IRGC warnings against use of the Omani route could create a new source of contention,” Kpler reported.
The company added that incomplete demining, continued “dark” routing by some vessels – when ships limit or switch off their tracking transponders – and unresolved questions over inspections, sanctions and future governance meant shipping had not yet returned to prewar conditions.
This comes as oil prices drop to the lowest level since before the Iran war, with Brent crude, the global benchmark, falling to a low of $72.24 a barrel on Thursday. This remains above the prewar price of $66, however.
The chart below shows how shipping through the strait before the war compares to its status in recent weeks:
Is a peace deal achievable?
The future administration of the Strait of Hormuz is only one of several issues still to be resolved before negotiators hope to reach a comprehensive agreement within 60 days, with another major sticking point being Iran’s nuclear programme.
International Atomic Energy Agency (IAEA) Director-General Rafael Grossi has said the agreement explicitly provides for international monitoring of Iran’s nuclear activities.
However, Kazem Gharibabadi, Iran’s deputy foreign minister for legal and international affairs, has said inspectors’ access to nuclear sites damaged during the conflict will only be considered as part of a final agreement.
Questions also remain over the fate of Iran’s enriched uranium stockpile, the sequencing of sanctions relief and the release of frozen Iranian assets, while regional tensions continue to pose additional risks.
Israeli forces remain deployed in parts of southern Lebanon occupied during the conflict, according to a Lebanese military source, while Israeli strikes have continued, despite the MoU explicitly calling for “a permanent end to the war on all fronts, including Lebanon”.
Vaez said visible progress would be essential if negotiations are to survive, noting, “Both sides have to see progress, whether that’s greater access for UN nuclear inspectors, sanctions relief, or resolving the issue of Iran’s uranium stockpile.”
He cautioned against viewing the interim agreement as a series of smaller deals. “Nothing is agreed until everything is agreed,” Vaez said.
“They [the Iranians] are determined to reach a comprehensive agreement within 60 days. That’s a very ambitious timetable, but there has to be visible momentum or the process risks falling apart.”
However, Vaez said both Washington and Tehran have strong economic incentives to bring about a lasting peace. “The situation in the Strait had become one of mutually assured economic destruction,” he said.
“The United States was facing rising energy and oil prices ahead of the midterm elections … At the same time, Iran was already in a deep economic hole before this conflict began. The war only made that worse.
“It became a lose-lose dynamic, and both sides needed a way out.”
Weekly insights and analysis on the latest developments in military technology, strategy, and foreign policy.
Oman and the U.N. International Maritime Organization (IMO) are sharpening up their plan to evacuate hundreds of ships still stuck in the Persian Gulf since Iran closed the Strait of Hormuz after being attacked by the U.S. and Israel on Feb. 28. The move comes as shipping traffic in this strategic chokepoint is increasing amid tense ongoing peace negotiations between the U.S. and Iran. However, there is still a very long way to go and many challenges, including the possible presence of mines, to overcome before transits reach pre-war levels.
“The Sultanate of Oman based on its responsibilities toward the Strait of Hormuz, and its importance to the global economy, and in accordance to its continued commitment to the international law and the law of the sea to ensure freedom of navigation in the strait without imposing any tolls, in line with the outcomes and efforts reached by the United States and Islamic Republic of Iran…has worked in coordination with the International Maritime Organization (IMO) to provide vessels with the option of a temporary maritime corridor defined by the coordinates announced by IMO and Omani authorities. Ships willing to transit must coordinate with IMO,” Oman’s Maritime Security Center stated Wednesday on X.
“This large-scale operation will be carried out in close cooperation with Iran, Oman, all other coastal States in the region, the United States and the maritime industry,” according to the IMO.
The Sultanate of Oman, in coordination with IMO is providing a shipping transit corridor in the Strait of Hormuz. pic.twitter.com/6MVVLmVjRN
— مركز الأمن البحري| MARITIME SECURITY CENTRE (@OMAN_MSC) June 24, 2026
IMO on Wednesday issued additional guidance to what it is calling an “evacuation” plan and noted that there are two routes for ships transiting the Strait. The northern route, close to the Iranian shoreline, is controlled by the Islamic Republic of Iran while the southern route, along the Oman coastline, is coordinated with U.S. authorities.
Regardless of which route ships prefer, IMO is cautioning them to “remain in their current position and await further instructions.”
Vessels have to wait to “allow safe sequencing, avoid congestion, and mitigate risks related to mines and degraded navigation conditions,” IMO added. “Movements will only begin once vessels are contacted through the coordinated mechanism involving IMO, UKMTO, and MICA Center, followed by coastal State coordination.”
As for current mine clearance operations, CENTCOM would not offer details about how they are being carried out.
“I won’t go into specifics for operational security reasons,” Navy Capt. Tim Hawkins, CENTCOM’s spokesman, told us Wednesday morning. “We’ve been at this for a number of weeks and we’re making progress, as demonstrated by the safe passage currently available to commercial vessels and enabling traffic flow to pick up.”
All this comes after tensions surrounding the Strait erupted again last week, with the Islamic Revolutionary Guard Corps saying it was being closed again after Israeli attacks on Lebanon and CENTCOM maintaining it was open.
Trump on Wednesday took to Truth Social to dispel what he claims are inaccurate media accounts about the Strait.
“Iran has informed the U.S. that, despite troublemaking Fake News reporting to the contrary, there are ‘NO TOLLS, NO INSURANCE COSTS, & NO OTHER CHARGES OF ANY KIND BEING SOUGHT OR RECEIVED BY IRAN ON SHIPS TRAVELING THE STRAIT OF HORMUZ,’” Trump proclaimed. “If this is false information, negotiations would end, immediately!”
Trump: Iran has informed the U.S. that, despite troublemaking Fake News reporting to the contrary, there are “NO TOLLS, NO INSURANCE COSTS, & NO OTHER CHARGES OF ANY KIND BEING SOUGHT OR RECEIVED BY IRAN ON SHIPS TRAVELING THE STRAIT OF HORMUZ.” If this is false information,… pic.twitter.com/3bYur1t71o
TWZ cannot independently confirm any of these statements; however, ship tracking organizations on Wednesday say commercial vessels have been transiting the Strait at increasing rates, though far from what they were before the war.
“Vessel activity through the Strait of Hormuz has rebounded sharply across two consecutive weekends, pointing to a clear shift in traffic patterns through one of the world’s most critical maritime chokepoints,” the MarineTraffic website stated on X Wednesday. “According to #MarineTraffic data and Kpler data, confirmed crossings rose from 32 vessels between 12–14 June to 93 vessels between 19–21 June, an increase of 61 crossings week-on-week.”
The biggest change came on Saturday, MarineTraffic noted, “when crossings jumped from 3 to 42 compared with the previous weekend. The recovery has been supported by recent diplomatic developments and a temporary OFAC general license, which has helped ease immediate compliance uncertainty around approved Hormuz transits until 21 August.”
When it comes to oil, at least 20 tankers carrying 35 million barrels have exited the Persian Gulf through the Strait of Hormuz since the U.S. and Iran agreed to open the sea lane, according to data provided by Kpler.
Strait of Hormuz traffic remains active, but recovery stays cautious
Confirmed vessel activity through the Strait of Hormuz remained steady on 23 June, with 31 verified crossings recorded across commercial and energy-linked vessels. According to #MarineTraffic data, west-to-east… pic.twitter.com/dz3o9OWRJx
Still, two major shipping companies we spoke with remain cautious about transiting the Strait.
Maersk referred us to a statement they gave TWZ last week saying that the announcement about the U.S.-Iran Memorandum of Understanding “is a welcome and positive development, but publicly available details are still limited, and it is too early to assess how it will impact logistics and maritime operations in the Middle East. At this stage, there are no changes to our operations in the region.”
On Wednesday, a company spokesman told us Maersk still has five ships stuck in the Persian Gulf.
Hapag-Lloyd is also taking a wait-and-see attitude.
“Our vessels are ready for a transit, but we will only sail through the Strait of Hormuz when it is safe to do so,” a company spokesperson told us, declining to say how many ships it still has in the Gulf.
Meanwhile, the Royal Navy’s RFA Lyme Bay and two German warships have transited the Red Sea in case they are needed to help remove mines from the Strait of Hormuz. The Lyme Bay, “now configured as an Afloat Forward Support Base for mine countermeasures, transited the Suez Canal on 19th June and then passed south through the Red Sea,” the Royal Navy (RN) noted.
Royal Navy
The ship carries uncrewed surface vessels (USVs) with towed sonar arrays and AI automatic target recognition that can “filter and refine vast amounts of data allowing operators to speed up the process of classifying and neutralizing mines,” according to the RN.
Lyme Bay also has “Video Ray Defender-Viper portable mine disposal submersibles, capable of locating, identifying and destroying mines.”
There are also mine warfare, diving and explosive ordnance disposal specialists on board to assist the mine clearance mission.
Royal Navy Ariadne uncrewed surface vessels (USV). (Royal Navy)
Lyme Bay was accompanied by the German command and support ship FGS Mosel and minehunter FGS Fulda.
However, those vessels “detached from the task group on 23 June to head for Djibouti for resupply and further preparation,” according to Navy Lookout, an independent publication focusing on the Royal Navy. “They currently operate under the European Union mission Operation Aspides, which has the sole aim of defending merchant shipping against Houthi attacks in the Red Sea.”
We have reached out to the German Bundeswehr and Aspides for additional insights.
Amid the renewed flow of traffic through the Strait, oil prices have plummeted in recent days. As of Wednesday morning, Brent Crude was trading at just under $74 a barrel, according to OilPrice.com. That’s down from a high of more than $114 per barrel at the height of U.S.-Iran tensions in early May.
U.S. crude oil inventories fell by 6.1 million barrels last week, pushing stockpiles to 412.1 million barrels—7% below the five-year average. Despite the bullish draw, oil prices fell sharply as traders focused on easing Middle East supply risks. #Oil#CrudeOil#EIA…
How long oil prices continue to fall is an open question as the U.S. and Iran continue to express disagreements over the terms of a final Iran-U.S. peace deal following the MoU signed last week.
In addition to the aforementioned confusion over the status of the Strait, there is ongoing discord over whether Iran has agreed to allow inspection of its nuclear facilities. Trump and the International Atomic Energy Agency (IAEA) both say Iran has agreed to let inspectors in while the Iranians say that isn’t the case.
President Trump said Iran agreed that it will “never have a nuclear weapon” during his visit to a Pennsylvania’s Mack Truck facility on Tuesday. He also said “19 million barrels of oil flowed out of the Strait of Hormuz” on Monday, which he said is “the most oil in the history of… pic.twitter.com/ycsILtZRpq
Meanwhile, both sides have issued bellicose threats against the other as the often acrimonious negotiations for what is essentially an extension of the ceasefire continue.
As we have noted in the past, there is tremendous global and domestic pressure on Trump not to resume the war. The world economy is only beginning to recover from rising oil prices while Trump’s Republican party faces a midterm election in November made challenging by the unpopularity of this conflict. In addition, forces have now been deployed for many months and will have to be rotated out in the coming weeks.
Regardless, while getting vessels finally out of the Persian Gulf is still a priority, when robust two-way transits will return is still unclear, which will be critical to stabilizing the situation economically and geopolitically.
US Secretary of State Marco Rubio has said Iran will not be permitted to charge tolls or fees for vessels transiting the Strait of Hormuz under any final agreement with Washington, exposing one of the biggest points of friction in negotiations aimed at ending months of conflict across the Middle East.
The dispute comes after Iran announced it would waive planned transit fees through the strait that crosses through its territorial waters for 60 days while talks with the United States continue in Switzerland, suggesting charges could be introduced once the negotiating period expires.
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Washington and Tehran signed a preliminary agreement in Switzerland this week to halt hostilities and launched a 60-day diplomatic process focused on sanctions relief, Iran’s nuclear programme and the future administration of the Strait of Hormuz.
Pakistan, which helped mediate the talks alongside Qatar, has said negotiations to end the four-month US-Israel war on Iran are expected to resume early next week, likely on Tuesday.
The future of Hormuz has already emerged as a key sticking point after Iran effectively closed the waterway during the war, severely disrupting maritime traffic through one of the world’s most important energy chokepoints and causing the price of oil to soar.
In peacetime, one-fifth of the world’s oil and natural gas supplies are shipped for export by Gulf producers through the waterway.
In April, the US imposed a corresponding naval blockade on Iranian naval ports in a bid to stem Iranian oil exports.
While a number of ships have crossed through the strait since the US-Iran agreement was signed last week, uncertainty remains over whether Tehran intends to impose permanent fees or service charges on shipping operators using the route. Here’s what we know – and what else is happening in the Strait of Hormuz this week.
(Al Jazeera)
What are the US and Iran saying?
On Friday, Iran’s Persian Gulf Strait Authority (PGSA) said planned fees for ships using the waterway would be suspended during the 60-day negotiation period established under the memorandum of understanding (MoU) signed with the US.
Earlier this week, Iran and Oman said in a joint statement that they would study the future administration of the trade route as well as possible charges for services provided there, while maintaining their sovereignty claims over territorial waters bordering the strait.
Speaking at the start of a regional tour in the United Arab Emirates, Rubio rejected the idea of transit fees. “It’s an international waterway. No country is allowed to charge tolls or fees on an international waterway,” he said, adding that he believed “all the countries in this region would agree”.
Iran’s chief negotiator, Mohammad Bagher Ghalibaf, has signalled that Tehran views the post-war arrangement as fundamentally different from the status quo that existed before the conflict, however. Experts also say that Iran will not give up control of the strait, which has proved to be its greatest point of leverage in the conflict with the US.
“Hormuz will never return” to its prewar status, Ghalibaf said, despite both sides agreeing on Monday to establish “communication mechanisms” aimed at keeping the waterway open.
What does international law say?
International law protects the right of transit through strategic waterways such as the Strait of Hormuz, preventing coastal states from imposing explicit tolls simply for passage through international shipping lanes, even when they are passing solely through territorial waters.
However, countries can charge for specific services, including inspections, navigation assistance, security measures and certain insurance-related requirements, insurance experts say.
Examples include fees associated with transit through the Suez Canal and Panama Canal, as well as some services provided in Turkiye’s Bosporus and Dardanelles straits.
Mohammad Reza Farzanegan, an economist at Germany’s Philipps-Universitat Marburg, told Al Jazeera last month that Iran, like Turkiye, could justify a negotiated mechanism for transit fees or service-based contributions through natural straits as payment for maintaining a safe passageway, reducing environmental risks and providing predictability in a waterway that supports global energy, food and technology supply chains.
A key difference, however, is that while those waterways pass through the territory of a single state in each case, the Strait of Hormuz passes through the territorial waters of both Iran and Oman, while also connecting to waters used by the United Arab Emirates and other Gulf states.
“This sort of arrangement is unprecedented, and there would not be such an outcome, unless there is a complete coordination between the GCC [Gulf Cooperation Council] countries and Iran, with the approval of major international powers, such as China and the United States,” Nader Habibi, an Iranian American economist, told Al Jazeera.
How many ships are getting through the strait now?
Ship movements through the Strait of Hormuz remain well below prewar levels, when between 120 and 140 ships transited the passage each day, including tankers carrying about 20 million barrels of oil from the Gulf.
As the strait begins to open up, Oman says it is working with the United Nations’ International Maritime Organization (IMO) on temporary arrangements to facilitate safe transit through the strait, launching an operation to evacuate more than 11,000 sailors stranded in the area after the conflict left hundreds of vessels trapped for months.
Traffic through the strait has also been held back by ongoing concerns about the possible presence of sea mines in the central shipping channels used by international vessels before the war.
The Joint Maritime Information Center (JMIC), which includes representatives from the US and other maritime partners, has warned ships to avoid the area “due to the existence of mines”.
Other countries, including Japan, are currently weighing up whether to send ships to help with efforts to remove mines from the strait.
While Iran has never confirmed the presence of mines in the strait, when it first issued a map of the waterway for vessels it had approved for transit while the conflict was ongoing, it ordered ships to pass close to its coast to avoid possible mines. Ships had previously passed much closer to the coast of Oman.
The graphic below illustrates how much shipping through the strait dropped off as a result of the US-Israel war on Iran.
Could the dispute over strait fees derail a peace deal?
Mostafa Khoshcheshm, a professor at the University of Applied Sciences in Tehran, told Al Jazeera that Iran is unlikely to abandon plans to introduce long-term service fees in the strait.
“According to the MoU, Iran is not going to charge service fees for 60 days, but afterwards, Iran is definitely going to do that,” Khoshcheshm told Al Jazeera.
He said many Iranians were already unhappy that Tehran had agreed to suspend fees for the duration of the negotiating period.
“The money is not the real core of the issue,” he said. “The point here is how to impose your new protocols in the region. This is highly important for the Iranians.”
Cyrus Schayegh, professor of international history and politics at the Geneva Graduate Institute, told Al Jazeera the success of any new administrative arrangement would depend heavily on regional support.
“I think this is a very big question, and the biggest question is whether they will be able to sell it to the Emirates,” Schayegh told Al Jazeera.
“I think the Emirates will need to be involved in a really substantive way for any sort of new authority to actually work.”
More broadly, he said, the future of Hormuz forms part of a wider debate over Gulf security architecture following the war.
“It is only one piece of a much larger puzzle,” Schayegh said, adding that several regional states now accept that Iran has strengthened its deterrence capabilities following the conflict.
What other issues remain unresolved?
Hormuz is far from the only serious obstacle to a peace deal.
Questions also remain over the future of Iran’s nuclear programme, with Kazem Gharibabadi, Iran’s deputy foreign minister for legal and international affairs, saying that access for international inspectors to nuclear facilities damaged during the war would only be addressed as part of a final agreement with Washington.
His comments came after US President Donald Trump claimed Iran had agreed to “the highest level” of nuclear inspections.
Iranian officials insist no commitments were made in Switzerland regarding Tehran’s nuclear programme and say they did not meet representatives of the International Atomic Energy Agency (IAEA), including Director-General Rafael Grossi.
Regional security remains another major source of disagreement, with Israeli Defence Minister Israel Katz insisting Israeli forces will not withdraw from southern Lebanon “even if there is an American demand” to do so.
Meanwhile, Ghalibaf has identified the withdrawal of foreign military forces from the Middle East as one of Tehran’s strategic objectives in the negotiations.
The future of Iran’s frozen assets also remains a sticking point, with Trump indicating Washington is reluctant to release large sums of Iranian funds directly, arguing that money could ultimately benefit the Islamic Revolutionary Guard Corps (IRGC).
Instead, he has suggested a mechanism under which some funds would be used to purchase US goods.
“Food is desperately needed in Iran, and we will be purchasing it for them exclusively from the United States,” Trump said. Iran has not confirmed plans to do this.
Following the start of the US-Israel war on Iran on February 28, Tehran had effectively closed off the strait, leaving vessels stuck.
Published On 23 Jun 202623 Jun 2026
The United Nations’ International Maritime Organization (IMO) has begun evacuating more than 11,000 sailors stranded in the Strait of Hormuz following the memorandum of understanding signed by the United States and Iran to end the US-Israel war on Iran.
IMO Secretary-General Arsenio Dominguez said in a statement on Tuesday that the operation would be carried out in “close cooperation with Iran, Oman, all other coastal states in the region, the United States and the maritime industry”.
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“We have secured the necessary safety guarantees and have thoroughly verified the conditions for safe navigation to support these operations,” he said.
Following the start of the US-Israel war on Iran on February 28, Tehran had effectively closed off the strait, leaving vessels stuck on the waterway.
But shipping traffic has increased since the signing of the agreement last week, with the Kpler shipping intelligence agency reporting that at least 36 commercial vessels passed through the strait on Monday, a record level of traffic since the war began.
According to Oman’s Defence Ministry, the evacuation process under the IMO plan, which has been under discussion for months, will be phased.
“Given the elevated risk of collision in the current environment, a gradual and controlled evacuation of vessel traffic is required,” it said.
Denmark announced on Tuesday that it will join an international maritime mission set up by France and Britain to help reopen the crucial waterway.
Reporting from the Strait of Hormuz, Al Jazeera’s Tohid Asadi explained that talks between the US and Iran on a peace deal have gotten “a little bit better”.
“Today, we’ve got a joint statement by the Omani and Iranian sides saying they are talking about mechanisms to reopen trade through the Strait of Hormuz. This is a positive indication,” he said.
“However, it remains to be seen how long it’s going to take for the strait to reopen, and until then, we see hundreds of ships stranded on both sides of Hormuz.”
Meanwhile, US Secretary of State Marco Rubio arrived in the United Arab Emirates on Tuesday and reiterated that Iran would not be allowed to charge tolls in the strait under any final deal with the US.
“It’s an international waterway. No country is allowed to charge tolls or fees on an international waterway,” he said, adding that he believed “all the countries in this region would agree”.
Tehran’s top negotiator, Mohammad Bagher Ghalibaf, had earlier insisted the Strait of Hormuz “will never return” to the pre-war status quo, despite the foes agreeing to set up communication lines to keep it open.
The UN’s International Maritime Organization (IMO) is set to evacuate more than 11,000 sailors who have been stranded in the Gulf because of the US-Israel war against Iran.
IMO secretary-general Arsenio Dominguez said the “large-scale operation” would be carried out in cooperation with Iran, Oman, the US, other coastal states in the region and the maritime industry.
“We have secured the necessary safety guarantees and have thoroughly verified the conditions for safe navigation to support these operations,” he added.
An interim deal was signed last week to end the conflict, but both the US and Iran continue to clash on details of the Memorandum of Understanding (MoU).
The US has said the MoU includes guarantees that Iran’s nuclear weapons programme will come under inspections by the International Atomic Energy Agency (IAEA).
US President Donald Trump posted on social media on Tuesday: “Iran has fully and completely agreed to highest level Nuclear inspections long into the future (Infinity!!!). This will insure ‘Nuclear Honesty.'”
Shortly before Trump’s post, Iran said the UN watchdog would not be able to inspect nuclear sites bombed by the US and Israel last year.
In response, a US official said: “the Iranians have agreed to robust IAEA inspections of the remains of their nuclear weapons programme. The Iranian regime will say what they have to say for their domestic audience.”
Iran’s President Masoud Pezeshkian said during a visit to Pakistan on Tuesday that Iran “will never negotiate with anyone, under any circumstances, ever, about our defensive capabilities”.
US Secretary of State Marco Rubio began a tour of the Gulf on Tuesday in the United Arab Emirates (UAE), and will also visit Kuwait and Bahrain – which both host US military bases – to discuss the deal with Tehran.
The secretary of state warned on Tuesday that no country is allowed to impose tolls on the Strait of Hormuz, where Iran has been pushing to charge ships passing through.
“It’s an international waterway. No country is allowed to charge tolls or fees on an international waterway. That’s existing international law,” he said as he arrived in the UAE.
“I don’t think we have anybody to convince around here in that regard. I think all the countries in this region would agree with us.”
Iran’s chief negotiator said the Strait will never return to the way it was before the war, but also said Iran will fully comply with international law. He spoke while on his way back from first round talks with the US in Switzerland.
Ship tracking data shows sharp fall in transits as US and Iranian officials hold talks to save fragile peace framework.
Published On 22 Jun 202622 Jun 2026
Shipping in the Strait of Hormuz has plunged following Iran’s announcement that it has closed the waterway once again over Israel’s strikes on Lebanon, according to ship tracking data.
A total of 12 vessels crossed the strait on Sunday, down from 35 transits the previous day, an analysis by maritime intelligence company Windward showed on Sunday.
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Five of eight vessels entering the strait had their Automatic Identification Systems turned off, according to Windward.
“The current traffic profile: dark, sanctioned, Iranian-linked, resembling the late-blockade baseline more than a functioning open strait,” Windward said in a post on X.
Maritime traffic in the strait had been showing signs of recovery since US President Donald Trump and Iranian President Masoud Pezeshkian on Wednesday signed a memorandum of understanding on ending the US-Israel war on Iran.
Twenty-five vessels transited the strait on Thursday, the highest number since mid-April, according to data from maritime intelligence provider Kpler.
Iran’s Islamic Revolutionary Guard Corps on Saturday declared the waterway shut, citing Israeli “crimes” in Lebanon and the failure of the US to maintain a ceasefire in the country.
US Central Command (CENTCOM) on Saturday denied that Iran had closed the strait, which normally carries about one-fifth of global oil and liquified natural gas supplies, saying that safe passage through the waterway remained “intact”, with 55 merchant ships transiting that day.
The cause of the discrepancy between the transit figures provided by CENTCOM and commercial ship tracking providers is unclear.
US and Iranian negotiators on Sunday held make-or-break talks in Switzerland as the conflict in Lebanon threatened to derail efforts to turn their 60-day ceasefire extension into a permanent peace deal.
In a briefing to Iranian media after the talks, Iranian Ministry of Foreign Affairs spokesman Esmaeil Baghaei said the sides had discussed the safe passage of ships through the strait, and “a mechanism was set up, which is important”.
Despite renewed tensions between Washington and Tehran and signs of slowing traffic in the strait, oil prices moved lower on Monday morning in Asia.
Brent crude, the primary international benchmark, was down about 0.9 percent as of 01:30 GMT, at just below $80 a barrel.
Asia’s major stock markets opened higher, with key indices in Japan, South Korea and Taiwan making substantial gains.
Tokyo’s Nikkei 225 and Seoul’s Kospi were up 1.8 percent and 1.5 percent, respectively, while the Taiex in Taipei surged 2.6 percent.
Hong Kong’s Hang Seng Index bucked the rally, dipping 0.7 percent.
Iranian armed forces say they’ve closed the Strait of Hormuz after Israeli attacks on Lebanon – just days after an agreement with the US reopen it.
Disruption to the crucial waterway has had a huge economic impact worldwide.
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So, what happens next?
Presenter: Tom McRae
Guests:
Ian Ralby — Senior Fellow at the Center for Maritime Strategy and Associate Fellow with the International Law Programme at Chatham House
Mehran Kamrava — Professor of Government at Georgetown University in Qatar and Head of the Iranian Studies Unit at the Arab Center for Research and Policy Studies
Stavros Karamperidis — Associate Professor in Maritime Economics and Head of the Maritime Transport Research Group at the University of Plymouth
However, after Iran’s statement, US Central Command (Centcom) spokesperson Tim Hawkins said “traffic continues to flow”. He said US forces were “monitoring the situation to ensure this remains the case”, adding that “Iran does not control the Strait of Hormuz”.
United States President Donald Trump has pledged there will be no tolls for passage through the Strait of Hormuz, unless they are collected by his own country.
Trump’s statement, made in a Saturday afternoon post on Truth Social, is the latest sign that a recently signed memorandum of understanding (MOU) may be unravelling.
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“There will be NO TOLLS in the Hormuz Strait for 60 days during the Cease Fire Period, and there will be NO TOLLS after the 60 day period has expired,” Trump wrote, “unless they are imposed by and for the United States of America.”
Since the US and Israel launched a war against Iran on February 28, Iran has successfully used the Strait of Hormuz as a pressure point, closing the strategic waterway to traffic.
But under the terms of Wednesday’s ceasefire memorandum, the strait is supposed to reopen for an interim period of 60 days. During that time, Iran is barred from charging vessels for passage.
On Saturday, however, Iran’s joint military command said it had closed the Strait of Hormuz, citing a “clear breach” of the memorandum’s commitments.
US Central Command (CENTCOM), the agency that oversees military operations in the region, denied that report and maintained that the traffic continues to flow through the waterway.
The Strait of Hormuz has long been a flashpoint in the conflict between the US and Iran. Nearly 20 percent of the world’s oil and natural gas is transported through the strait, as well as about 30 percent of the global fertiliser trade.
Closure of the strait has caused global fuel costs to soar and has tested agricultural sectors across the world.
Trump had responded to Iran’s chokehold over the strait by imposing a US naval blockade on Iran’s ports in the region.
But that naval blockade was lifted under the terms of Wednesday’s memorandum. The deal also paused fighting on all fronts in the regional conflict, including in Lebanon.
The memorandum, though, was not intended as a long-term deal. It serves as a launching point for negotiations on key issues, including the future of Iran’s nuclear programme.
Several points of divergence also went unaddressed in the memorandum. Nowhere does the memo say that future tolls cannot be collected from the strait after the 60-day period expires.
Before the war, there was no charge for passage through the strait. Trump himself said in an interview with The New York Times that the waterway should remain “permanently toll-free”.
But he appeared to reverse course in Saturday’s post, once again floating the possibility that the US could extract tolls in the strait, while barring Iran from doing so.
No fees should be levied, Trump wrote, “unless they are imposed by and for the United States of America, should the deal not be completed”.
He explained that such a charge would compensate the US “for services rendered as the Guardian Angel to the countries of the Middle East for purposes of both past, present, and future reimbursement of costs”.
Trump used similar language in his New York Times interview earlier this week, floating the US becoming “the guardian of the Middle East” in exchange for 20 percent of its revenue.
Saturday’s post is not the first time Trump has mused about the US imposing tolls in the strait, either.
In April, for instance, he discussed the idea with reporters, saying, “What about us charging tolls? I’d rather do that than let them have them. Why shouldn’t we? We’re the winner. We won.”
There has been no indication that Trump’s plans have been officially presented to countries in the region, many of whom have struck a careful balance in their dealings with both the US and Iran during the war.
Iranian officials, meanwhile, have repeatedly said they will not rule out imposing tolls in the strait, framing the issue as a matter of sovereignty and regional negotiation. The strait sits between Iran and Oman.
Further discussions are expected on the matter in the coming weeks.
But such negotiations have been thrown into jeopardy amid ongoing Israeli military operations in Lebanon, which threaten to violate Wednesday’s ceasefire memorandum.
Iran claimed that Saturday’s closure of the strait was a result of new Israeli attacks in southern Lebanon, which killed dozens of people after the ceasefire was announced.
Iranian officials have also said that any upcoming talks should focus on proper implementation of the initial memorandum, and that the 60-day negotiating period stipulated in Wednesday’s deal would begin after that was settled.
Pakistan, a top mediator between the US and Iran, has said that follow-up talks are set to begin in Switzerland on Sunday.
Switzerland’s Federal Department of Foreign Affairs has confirmed that an Iranian delegation, led by parliamentary Speaker Mohammad Bagher Ghalibaf and Foreign Minister Abbas Araghchi, has already arrived for the negotiations.
On the US side, Trump’s son-in-law Jared Kushner, special envoy Steve Witkoff and Vice President JD Vance are expected to attend.
Analyst Alexandru Hudisteanu warns that Iran’s overuse of Strait of Hormuz as leverage could transform the strategic chokepoint from a deterrence tool into an instrument of extortion, potentially turning the country into an international pariah.
Japanese Prime Minister Sanae Takaichi speaks to the press during her meeting with Italian Premier Meloni at Villa Pamphilij in Rome, Italy, 15 June 2026. Photo by Riccardo Antimiani / EPA
June 18 (Asia Today) — Japanese Prime Minister Sanae Takaichi has left open the possibility of deploying the Self-Defense Forces to the Strait of Hormuz following an agreement between the United States and Iran to end hostilities.
“Nothing has been decided at this point,” Takaichi said Wednesday when asked about a possible deployment during a news conference marking the end of the Group of Seven summit near Évian-les-Bains, France, Japanese media reported Thursday.
Takaichi said Japan must closely examine the U.S.-Iran agreement and conditions in the region before making a decision.
The Strait of Hormuz is a critical shipping route for crude oil from the Middle East. Instability in the waterway could directly affect shipping, energy prices and Japanese industry because the country relies heavily on imported energy.
The U.S.-Iran agreement has shifted Japan’s immediate focus from preventing further fighting to securing freedom of navigation and considering its role in post-conflict efforts.
Even after fighting ends, naval mines and other threats to commercial vessels could remain. Japan would then have to determine whether its involvement should be limited to diplomatic support or include operations by the Maritime Self-Defense Force.
Security in the Strait of Hormuz and other major shipping routes was among the issues discussed at the G7 summit.
Japan faces the challenge of coordinating with its allies and partners while keeping any military involvement within the limits imposed by its pacifist Constitution.
“We will continue every possible diplomatic effort, including those related to reconstruction,” Takaichi said of the situation in the Middle East.
She said Japan would consider necessary measures to secure freedom of navigation through the strait and “steadily carry out what we are capable of doing,” including diplomatic efforts.
Britain, France and other countries have called for the unconditional reopening of the waterway and indicated that mine-clearing operations could be required. Japan has signaled its willingness to participate in a related joint statement.
Takaichi said Japan’s participation in such a statement would remain within constitutional limits.
The central issue is how extensively the Self-Defense Forces could participate.
Article 9 of Japan’s Constitution prohibits the use of force except in circumstances involving the country’s right to self-defense. Mine-clearing operations conducted while fighting continues could therefore be viewed as the use of force against the country that placed the mines.
Clearing mines left behind after a cease-fire, however, may be permitted under Japan’s Self-Defense Forces Act.
Japan deployed Maritime Self-Defense Force minesweepers to the Persian Gulf after the 1991 Gulf War cease-fire. The mission marked the Self-Defense Forces’ first operational deployment overseas and became a turning point in Japan’s debate over its international security role.
Takaichi’s remarks did not amount to an immediate deployment decision. They indicated, however, that Japan could consider participating in maritime security operations depending on implementation of the U.S.-Iran agreement and conditions in the Strait of Hormuz.
Japan’s possible role in the post-conflict Middle East – whether limited to diplomatic and reconstruction support or expanded to include Maritime Self-Defense Force operations – is expected to remain a major foreign and security policy issue.
June 18 (UPI) — The U.S. military on Thursday lifted naval blockades in the Persian Gulf and Gulf of Oman, with reports showing that shipping vessels have departed the region through the Strait of Hormuz.
U.S. Central Command said in a series of posts on X that, following direction from President Donald Trump, blockades on maritime traffic along the coasts of Iran have ended.
Centcom noted, however, that the U.S. Navy will stay in the “general area” to be sure that “all aspects” of the peace agreement signed by the United States and Iran “are adhered to, obeyed and in full force and effect.”
Trump signed the agreement Wednesday at the Palace of Versailles in France after the G7 Summit wrapped up, which included among its 14 points reopening the Strait of Hormuz, which is a vital shipping route for the region and much of the world.
Iranian President Masoud Pezeshkian had signed the deal earlier in the day.
“American forces are not impeding the transit of vessels to or from Iranian ports,” Centcom said in one of the posts on X on Thursday.
“All U.S. military blockade efforts have ceased,” it said.
At least 12 energy tankers transited the Strait on Thursday, reopening a sailing route through which roughly 20% of the world’s oil supply is shipped around the globe, CNBC and the New York Post reported.
Among the vessels that transited the Strait were three Saudi Arabian supertankers, which together are carrying six million barrels of crude oil and are the kingdom’s first tankers to sail the shipping route since before the three-month-long U.S.-Iran war launched in February.
Vice President JD Vance also told reporters that more than 12 million barrels of oil had shipped through the Strait overnight Wednesday after the deal had been signed.
Brent crude drops to lowest price since early March before signing of framework deal to end US-Israel war on Iran.
Published On 17 Jun 202617 Jun 2026
Oil prices are continuing to drop, as hopes rise for a return to stability in global energy markets before the signing of a framework agreement on ending the United States-Israel war on Iran.
Futures for Brent crude due for delivery in August dipped nearly 1 percent on Wednesday, extending declines of about 5 percent on each of the previous two days.
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The international benchmark stood at $78.24 a barrel as of 08:00 GMT, the lowest price since March 3, three days after the start of the war.
After rising more than 50 percent during the conflict, the price of crude on Wednesday afternoon in Asia was only about 7 percent higher than before the US and Israel launched attacks on Iran on February 28.
“The immediate prognosis, it seems, is optimistic and assumes no significant setbacks,” Tamas Varga, an analyst at PVM Oil Associates in London, said in a commentary.
“Over the last four trading sessions, Brent, for example, has fallen by $17 [per barrel], a discernible vote of confidence that the worst, at least as far as supply disruptions are concerned, is behind us,” Varga said.
Vandana Hari, the founder of the Singapore-based oil market analysis provider Vanda Insights, said that while the announcement of the US and Iran’s memorandum of understanding (MoU) has brought relief to markets, the “hardest part, on delivering the pledges and promises, is yet to come”.
“Crude’s slide is entirely sentiment-driven,” Hari told Al Jazeera.
“The market is front-running the prospective reopening of the Strait of Hormuz and likely pricing in the best-case scenario for the normalisation of flows, which means the potential hiccups from logistics to renewed geopolitical tensions are not being adequately factored in,” Hari said.
While many details of the MoU due to be signed on Friday remain unclear, Iran is expected to end its near-total closure of the Strait of Hormuz in exchange for the US lifting its blockade of Iranian ports, among other concessions.
The full reopening of the strait would be a crucial step towards restoring confidence in energy supply chains, after nearly four months of turmoil arising from the war.
Maritime traffic in the strait, which flows between Iran and Oman, has been reduced to a trickle due to the threat of Iranian missiles, drones and mines, reducing the global oil supply by an estimated 14 million barrels each day.
Even if the war does end, global energy flows are expected to take months to fully recover.
More than 500 vessels are estimated to be waiting to exit the Gulf through the strait, while the process of ensuring the channel is free of naval mines is likely to take weeks at a minimum.
Stephen Cotton, the general-secretary of the International Transport Workers’ Federation, said the signing ceremony scheduled to take place in Geneva, Switzerland, would be “at best the beginning” of a process of normalisation.
“The backlog of stranded vessels and the need for crew changes and rest mean a realistic return to normal shipping patterns is weeks, if not months, away,” Cotton said in a statement on Monday.
South Korea is consulting with the United States and Iran about navigation through the Strait of Hormuz, the Foreign Ministry said Tuesday. In this photo, the South Korean oil tanker Universal Winner arrives near Ulsan on June 10 after exiting the Strait. Photo by Yonhap
South Korea has begun consultations with the United States, Iran and other relevant countries regarding navigation through the Strait of Hormuz following the signing of a preliminary deal aimed at ending the monthslong war in the Middle East, the foreign ministry said Tuesday.
According to U.S. officials, President Donald Trump, Vice President JD Vance and Iran’s parliamentary speaker Mohammad Bagher Ghalibaf inked the memorandum of understanding (MOU) that would extend the countries’ ceasefire for 60 days, during which negotiations will take place to address nuclear and other issues to reach a final peace deal.
A large number of vessels, including two dozen South Korea-linked ships, have been stranded in the waterway, which Iran has effectively choked off with threats of missile and drone strikes amid the war.
“We are assessing the details related to maritime transit and have begun necessary communication with relevant countries, including the U.S. and Iran,” ministry spokesperson Park Il said during a regular press briefing.
According to Park, the government is closely monitoring a range of factors before making judgments on passage operations, including the presence of naval mines, the overall security situation in the strait and shipping traffic conditions.
He said the government will continue to prioritize the safety of South Korean vessels and sailors while working to ensure the smooth resumption of shipping.
Park added the government will also maintain close consultations with shipping companies in assessing developments in the region.
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Crude carrier Universal Winner, a South Korean oil tanker operated by Korean shipping company HMM, reaches waters off the southeastern port city of Ulsan, South Korea, 10 June 2026, about three weeks after exiting the Strait of Hormuz, where it had been stranded amid tensions in the Middle East. Photo by YONHAP / EPA
June 11 (Asia Today) — A South Korean-operated liquefied natural gas carrier that had been stranded near the Strait of Hormuz because of the U.S.-Iran war has passed through the waterway, South Korea’s Foreign Ministry said Wednesday.
The vessel was headed to a third country, not South Korea, and eight South Korean crew members were aboard, officials said.
“One South Korean vessel has passed through the Strait of Hormuz and is sailing,” the Foreign Ministry said. “Consultations related to this passage were led by the foreign-chartered company.”
The ministry said it understood the ship was heading to its final destination in a third country.
A Foreign Ministry official said Seoul has repeatedly emphasized to Iran the need for the prompt and safe navigation of all vessels in the Strait of Hormuz, including South Korean ships. The official said the government is also continuing to communicate with related countries.
According to the Ministry of Oceans and Fisheries, one LNG carrier operated by a South Korean shipping company resumed operations and left the inner side of the strait as of 7 a.m. Wednesday.
As a result, the number of South Korean-operated ships waiting inside the strait fell from 25 to 24. The number of South Korean crew members in the area declined from 147 to 139.
Foreign Ministry officials said the South Korean vessels are anchored in safe areas near Qatar, the United Arab Emirates and other nearby waters, following guidance from the Oceans Ministry.
“The government’s top priority is the free and safe passage of South Korean vessels and crew members in the strait,” a Foreign Ministry official said. “We are carrying out diplomatic efforts through multiple channels regarding the remaining 24 vessels.”
The charterer of the ship that passed through the strait was identified as QatarEnergy, Qatar’s state-owned energy company, and the final destination was believed to be Pakistan.
The case differs from the earlier passage of the Universal Winner, a very large crude carrier operated by HMM, which left the strait after direct negotiations between the South Korean government and Iran. In the latest case, the charterer led the decision-making and consultations.
Diplomatic observers said the involvement of QatarEnergy as the charterer and Pakistan as the destination may have helped the vessel secure passage. Pakistan has maintained close communication with Iran over Middle East tensions, and consultations involving the Pakistani Navy and the charterer may have reduced safety concerns.
The passage was reportedly completed shortly before Iran announced a full closure of the Strait of Hormuz. Iran said Wednesday local time it would completely close the strait in response to U.S. airstrikes.
Diplomatic observers said South Korea is likely to prioritize safety for the remaining 24 vessels for the time being, rather than pushing for immediate passage, as risks in the strait have increased.
Explosions hit Qeshm Island, ports along Strait of Hormuz after Trump threatens to hit Iran ‘very hard’.
Published On 10 Jun 202610 Jun 2026
The United States has launched fresh strikes against “multiple targets” in Iran at President Donald Trump’s direction, in a fresh escalation that prompted Tehran to declare the Strait of Hormuz closed to “all types of vessels”.
The US military said the strikes late on Wednesday were “in response to Iran’s unwarranted and continued aggression”, as Iranian state media reported explosions on Qeshm Island and in the cities of Bandar Abbas and Sirik along the Strait of Hormuz.
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Blasts also hit the southern city of Kargan, wounding at least two people.
Iran’s Islamic Revolutionary Guard Corps accused the US of “repeated violations” of their April ceasefire, and said the Strait of Hormuz was “closed until further notice”.
It said all traffic in the vital waterway, including oil tankers and commercial vessels, would be affected, and firmly rejected the US’s previous claims that it had helped ships pass through the strait.
The IRGC subsequently added that “two oil tankers attempting to illegally pass through the strait were hit”.
The escalation comes a day after the US and Iran exchanged tit-for-tat strikes over the downing of a US Apache helicopter in the Strait of Hormuz.
Earlier, Trump said the US would hit Iran “very hard”.
“We’ll see what happens with the deal. We were really close to a deal. But they keep stringing us along. They keep playing us for suckers because you know what? They dealt with some very stupid presidents. I have to say that I’m embarrassed to say it,” he told reporters at the White House.
Iran’s President Masoud Pezeshkian slammed Trump’s threat in a post on X.
“Critical infrastructures are the lifeblood of the people. Threats to target them – from transportation networks to the electricity and water industries – are not a show of strength but a sign of desperation in the face of a nation’s will,” he wrote.
“Iran, relying on the knowledge and capabilities of its specialists, national unity, and solidarity, will stand firm against any pressure or threat,” he added.
WASHINGTON — U.S. retaliatory strikes against Iran will continue after its forces shot down an American helicopter, President Trump said Wednesday, accusing the Islamic Republic of stringing him along over months of negotiations to end the war.
The prospect of a renewed U.S. air campaign cast fresh doubt on the viability of a ceasefire between the United States and Iran that has largely held since April, when the two sides reached a tenuous truce, pausing weeks of fighting. Trump’s decision to resume attacks comes after an exchange of fire between Israel and Iran threatened to spiral into open war over the weekend.
The administration has presented Trump with options to expand U.S. targets beyond the immediate area around the Strait of Hormuz to Iranian power plants across the country, an escalation that will open the president up to accusations he is targeting civilian infrastructure, according to a defense official familiar with the matter.
Speaking with reporters in the Oval Office, Trump encouraged the Iranians to accept a framework agreement negotiated between the two sides, and suggested that additional military action might compel Tehran to accept a final truce.
“We hit them hard yesterday, and we’re gonna hit ‘em again hard today,” Trump said. “And we’ll see what happens with the deal. We were really close to a deal, but they keep tapping us along — they keep playing us for suckers.”
The president’s remarks came a few hours after Trump posted on his social media website that Iran “will have to pay the price” for taking too long in negotiating a peace deal.
When pressed by reporters to elaborate, Trump said he meant that bombing would resume but declined to say whether that would include strikes on Iranian power plants and bridges, a threat he has repeatedly issued during the war.
The ongoing conflict, which is in its fourth month, has left a mark on the global and domestic economy. The U.S. Bureau of Labor Statistics reported Wednesday that inflation accelerated in May, driven by a surge in energy prices linked to the war with Iran.
The consumer price index rose 0.5% on a seasonally adjusted basis — the largest monthly increase in three years — pushing the annual inflation rate to 4.2%.
Asked whether he was concerned about the inflation numbers, Trump told reporters that the “numbers were great.”
“You know what I really love? I love the inflation. You know why? Because as soon as this war is over…,” Trump said, without finishing the thought.
The remark prompted near instantaneous news releases from Democratic operatives, as well as the party war room, which sent out a statement accusing Trump of mishandling a reckless war that has devastated the economy in the process.
“Donald Trump’s disastrous economic agenda and deadly and costly war with Iran have made life unbearable for millions of Americans,” Kendall Witmer, the Democratic National Committee’s rapid response director, said in a statement.
“Working families are shouldering skyrocketing costs for basic goods, with their wages being eaten up by Trump’s soaring inflation,” she added. “On the campaign trail, Trump promised to ‘defeat inflation,’ and to lower costs on ‘Day One,’ but two years later, Trump can’t get a handle on his war of choice with Iran as he tanks the economy back home.”
Trump then told reporters about a secret military mission to ensure safe passage for oil tankers through the Strait of Hormuz, one of the world’s most important commercial waterways. He said the operation had secured the passage of more than 100 million barrels of oil through the strait since it began.
“We took out, the other night, 22 ships late at night with no lights because they don’t have any radar because we blasted the crap out of it,” Trump said.
A couple of hours later, Trump wrote in another post that the military operation had been “wildly successful,” and that it proved the United States — not Iran — was in control of the Strait of Hormuz.
“Their military is defeated, and their economy is lost,” he wrote. “It’s over for Iran!”
Over months of diplomacy with Iran, Trump has sought to avoid a return to conflict, often seeking de-escalation when fighting has flared — and repeatedly pressuring Israel to minimize its attacks in Lebanon, where it continues to battle the militant group Hezbollah, a proxy of Iran.
Israeli strikes continued Wednesday, according to local news reports, while Hezbollah said it carried out attacks on Israeli troops stationed in southern Lebanon.
Speaking to journalists in the Oval Office, the president implied he was losing patience with Iranian tactics at the negotiating table.
“I gave them a break, at the request of Pakistan,” he said. “They still are working on trying them to do what’s right. But we want a deal that’s meaningful. We want a deal that works.”
“It was just tap, tap, tap,” the president added. “I don’t know what they’re doing.”