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Strait of Hormuz remains tense with limited ship traffic despite Trump's ceasefire extension with Iran

Market News
22 Apr 2026
CNBC
View Source
Bearish
pluang ai news

Ship traffic through the Strait of Hormuz remains very light despite President Trump's extension of the ceasefire with Iran. Iran continues to control ship movements while the U.S. enforces a blockade on Tehran's ports and vessels, keeping the security situation dangerous with recent attacks on ships. Traffic levels are far below pre-war norms, and ongoing tensions suggest disruptions to oil supply could persist. Recovery to near-normal oil flow levels is expected to take several months.

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