HUNDREDS of tankers are waiting to return to the Strait of Hormuz so that the waterway can once again become a conduit for one-fifth of the world’s oil and gas.

But the shaky ceasefire struck between the US and Iran late on Tuesday (Apr 7) has not coaxed the tankers back – and even if it holds, other obstacles have to be overcome for shipping traffic to return to normal.

Iran has kept a stranglehold on the strait throughout the war by laying mines and attacking vessels.

https://www.businesstimes.com.sg/international/strait-hormuz-under-us-iran-ceasefire-6-things-know