Summary in English: Strait of Hormuz - April 2026

1. Iran reopened the strait on April 18, 2026 for commercial vessels during the ceasefire, but military ships remain banned.

2. Shipping companies remain cautious and are demanding security guarantees. Major maritime organizations advised avoiding the area due to risks of mines and attacks.

3. Traffic is slowly resuming - around 20 ships are moving to exit the Gulf, and 8 oil tankers are heading toward the strait.

4. Crisis background: Started Feb 28, 2026 after US-Israeli strikes on Iran. Iran closed the strait on March 2, stopping 95% of traffic. The strait handles 20% of global oil and gas flows.

5. Economic impact: UNCTAD said the closure caused a global economic shock and pushed oil prices to $82 per barrel.

6. Current status: Iran maintains strict control over the strait, while the US continues a naval blockade on Iranian #war #MarketRebound