There has been little change in shipping traffic in the Strait of Hormuz after Iran and the US agreed to a pause in fighting in exchange for the unblocking of the vital waterway. Two fully laden Chinese oil tankers are waiting near the Strait, putting them in a position to become the first such vessels to leave the Persian Gulf. Bloomberg’s Weilun Soon reports. (Source: Bloomberg)
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Ships Remain Largely Blocked in Strait of Hormuz
