Normal shipping in the Strait of Hormuz remains suspended as approximately 80 mines block the central passage, with alternative routes posing risks such as vessels running aground.

Shipping firms remain cautious on the Strait of Hormuz despite ceasefire reports. Normal traffic by July 15 at 41.5% YES.

The US and Iran agreed to reopen the Strait of Hormuz after months of blockade and crypto-based tolls, but shippers face safety and insurance hurdles.