Big update on the movement of ships in the Strait of Hormuz: The situation has improved, but the traffic is still slow!
New Delhi: After the end of the war between America and Iran, the eyes of the whole world are fixed on the Strait of Hormuz. About 20% of the world’s crude oil and LNG passes through this sea route. Now the biggest question is whether the situation here has become completely normal?
Still not the same pace as before the war
Maritime tracking data shows that only 34 commercial ships passed through the Strait of Hormuz on Wednesday. This figure is certainly better than before, but before the war, an average of 100 ships used to come and go here every day. This means that traffic is returning, but has not yet picked up its full speed.
Conditions were very bad during the war. Due to increased tension between March 1 and June 17, only 13 ships were passing daily. Many shipping companies had changed routes due to security reasons, while some had stopped services.
Why is traffic not normalizing?
After the agreement reached on June 17, it was agreed to reopen the Strait of Hormuz. It was said to start the movement of commercial ships immediately. After this the ships have returned, but the shipping companies are still not completely convinced.
According to CNN report, the biggest concern is security. The Joint Maritime Information Center has made it clear that there are many maritime dangers here. Landmines are still there in some areas and work to remove them is going on. In such a situation, ships have to be more cautious.
narrow space, big danger
The geographical location of the Strait of Hormuz makes it extremely sensitive. It is just 24 miles wide at its narrowest. On one side is Iran and on the other side is Oman. With so little space, ships have few options to avoid danger. This is the reason why any military tension affects this route first.
Iran increased oil exports as soon as the ban was lifted
Under the agreement, America has to lift the naval blockade of Iranian ports by July 19. Iran has also promised to return shipping traffic to pre-war levels. After the lifting of the ban, Iran has sold about 50 million barrels of crude oil. However, the rest of the Gulf countries are still facing problems in normal exports.
Who will have control, the big question remains
The most important question still remains is who will control the Strait of Hormuz. No final decision was taken on this in the current agreement. Currently, no fee will be charged from ships for 60 days, but Iran may plan to impose a fee later. Therefore, despite the war stopping, this route is not considered completely safe and normal.
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