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Wed, 08 Apr 2026

Wed, 08 Apr 2026 Iran Strait of Hormuz warning adds to shipping uncertainty

Only a few vessels have crossed the strait since the US-Iran ceasefire deal, according to BBC Verify analysis.

* A two-week ceasefire has been agreed on the condition that vessels can safely pass through the Strait of Hormuz
* Iran's navy has warned ships seeking to cross without permission "will be targeted and destroyed"
* Only a few vessels have crossed since the agreement, with 3 bulk carriers passing through as of April 8
* Shipping analysts say it will take time before crews are confident enough to cross safely
* Tankers that are fully loaded with cargo may be prioritized in any resumed crossings
* The ceasefire brings uncertainty for ships, including the possibility of sea mines and payments to Iran to secure safe passage
* Some countries have negotiated safe passage for their vessels, but others face added complexity from potential tolls
* Sanctions on Iran may make it difficult for some shipping companies to pay a toll
* Oil prices fell after the ceasefire was announced, but analysts say expectations should still be tempered.