Advertisement
China energy security
EconomyGlobal Economy

Strait of Hormuz still eerily quiet as doubts remain over ‘fragile’ peace deal

The only vessel moving in the waterway on Monday morning was a patrol ship, as analysts warned uncertainty lingered over the US-Iran agreement

2-MIN READ2-MIN
2
Listen
Vessels sit in the Strait of Hormuz, off the coast of Oman, on Sunday. Hundreds of vessels remain stranded in the strategic waterway. Photo: Reuters
Xinyi Wuin Beijing

The Strait of Hormuz was still largely devoid of shipping traffic in the hours following the announcement of a US-Iran peace deal, as analysts warned it remained uncertain how and when normal operations along the waterway would be restored.

The only vessel moving in the strait on Monday morning was broadcasting its status as a patrol ship, according to data from vessel tracking platform MarineTraffic, as hundreds of commercial ships remained stranded in the region.

A liquefied natural gas tanker chartered by India’s Petronet, the Disha, became one of the first commercial vessels to transit the waterway in the afternoon, as it headed east to exit the Strait of Hormuz.

Advertisement

The vessel, which departed from Qatar’s Ras Laffan gas production hub in March, had temporarily broadcast a signal identifying itself as an Indian government ship in the morning.

The United States and Iran confirmed plans to end their nearly four-month-long hostilities on Monday morning Hong Kong time, with US President Donald Trump posting on social media shortly after that the Strait of Hormuz would reopen after an official signing ceremony for the agreement is held on Friday.
Advertisement
Analysts, however, cautioned that uncertainty lingered over the practicalities of reopening the strategic waterway, which was used to transport about one-fifth of the world’s oil and gas before the war.
Advertisement
Select Voice
Select Speed
1.00x