The Strait of Hormuz has been severely affected in recent months, with shipping traffic through the waterway sharply declining amid Iranian threats and restrictions.

US offers to lift sanctions on Iran if it reopens the Strait of Hormuz. Fees for passage by August 31, 2026 at 0.5% YES.

The Strait of Hormuz has been severely affected in recent months, with shipping traffic through the waterway sharply declining amid Iranian threats and restrictions.