Despite President Donald Trump's claims that the Strait of Hormuz will reopen soon, shipping executives remain unwilling to risk the vital waterway.
Only a handful of vessels are passing through the strait daily compared to the normal 100 cargo ships that typically transit.
The closure has cut off 20% of the world's oil supply for 94 days, with renewed fighting threatening any progress toward reopening.
AI-generated summary was reviewed by a CNN editor.
The most powerful shipping executives in the world are gathered in Athens this week for the annual International Shipping Exhibition. The hot topic: the Strait of Hormuz.
