The Strait of Hormuz remains in a delicate state following the US-Iran conflict. Although the waterway has reopened, commercial ship traffic is still far below pre-war levels, with only 34 ships passing daily compared to the usual 100. Concerns about underwater explosives and maritime security persist. While an agreement reached on June 17 aimed to normalize traffic and lift naval blockades by July 19, shipping companies remain cautious. The strategic route is vital for global oil supplies, and future control or potential tariffs imposed by Iran after a 60-day fee-free period add to the uncertainty. https://argusnews.in/international/strait-of-hormuz-shipping-traffic-still-below-normal #creator program