66 resultsfor “Why was shipping traffic closed in Strait of Hormuz”
closed, and for now, prices will continue to soar. ## Rising prices That effect on prices is showing up in the US, as well, and the consumer price index last month reached 3.3 percent
close to Iran's Revolutionary Guard Corps, accused the U.S. of "obstructionism" over the release of some frozen Iranian funds in exchange for lifting restrictions over transit through the Strait of Hormuz. The news agency
closed until the US ended its naval blockade. About 20% of the world's oil and liquefied natural gas (LNG) is usually transported through the strait. The number of ships making the journey has dramatically
Hormuz – a step announced somewhat clumsily by the Iranian foreign minister, Abbas Araghchi, in a tweet on Friday morning. In return it was expected that Trump would lift the US blockade of Iranian ports
close above $112 per barrel amid fears of the US renewing attacks on Iran. But on Tuesday morning, they fell back to about $110 per barrel after Trump announced that a planned attack on Iran
Hormuz could trigger a global food crisis as critical fertiliser and fuel exports are blocked from leaving the Gulf. The strait has been de facto shut down to most maritime traffic by Iran since shortly
closing off the narrow strait. In addition, Iran's retaliatory attacks on Gulf countries' oil and gas refineries have caused further disruption in global supply. As a result, some international experts [say](https://www.atlanticcouncil.org/news/transcripts/fatih-birol-the-iea-is-ready-to-act-with-additional-releases-of-reserves-if-needed/)
closing off the narrow strait. In addition, Iran's retaliatory attacks on Gulf countries' oil and gas refineries have caused further disruption in global supply. As a result, some international experts [say](https://www.atlanticcouncil.org/news/transcripts/fatih-birol-the-iea-is-ready-to-act-with-additional-releases-of-reserves-if-needed/)
traffic in the strait remains largely at a standstill, ship tracking data shows. ## Iran stresses ‘new equation’ Hegseth said on Tuesday that the US has secured the waterway and is communicating with ships, companies
traffic [in the Strait of Hormuz],” he told Al Jazeera. “Beyond that, though, a lot of the things that are reportedly in the proposal include maintaining Iran’s sovereign ability to enrich uranium, its nuclear
shipping in the strait [of Hormuz](https://www.theguardian.com/world/strait-of-hormuz), which carried about a fifth of the world’s supply of oil and liquid gas before the conflict, while the US has imposed its own naval
traffic and the metro - free to use since the war - runs packed. But underlying worries run deep, and many Iranians fear the war could return at any moment. The uncertainty was underlined on Monday when
closed down the strait in response to the US-Israeli military campaign, and it is now suggesting that it has rights to the passage that links the Gulf to the Indian Ocean – parts of which
traffic entering and leaving Iranian ports, heightening tensions. On April 18, Iranian forces fired on two Indian ships in the Strait of Hormuz that it said did not have permission to pass through the waterway
closely with allies on the continent. "Germany is on the right track," he said, pointing out that his country has significantly boosted its military spending in recent years. Trump had previously accused Germany of being
closed and commercial oil inventories in the OECD continue to be run down at the same pace as they were in April, oil stocks could reach critically low levels by the end of June
close allies and trading partners](https://www.npr.org/2026/05/12/nx-s1-5818529/trump-china-iran-war), and there are questions about whether China has assisted Iran. The U.S. has spent weeks bombing Iran and is now blockading all ships connected to the country
Hormuz, according to Steve Dunn, author of *Blockade: Cruiser Warfare and the Starvation of Germany in World War One*. "Detection of vessels is much easier, with satellite, [planes and drones] and radar," using helicopters
closed since the US-Israel war on Iran began on February 28 – by sending the navy to escort stranded tankers through the strait, in a campaign dubbed “Project Freedom”. In a further escalation
traffic through the strategic waterway. On Monday, it issued a new map of the Strait of Hormuz with boundaries extending further to the east than its previous one, and said any ship travelling between