Ships Resume Passage Through Strait of Hormuz
Some ships have passed through the Strait of Hormuz again. This happened after a ceasefire between the United States and Iran.
Traffic is still low. Shipping firms are uncertain about the rules. Iran may charge fees to let oil tankers through.
Klear Note — The Strait of Hormuz is a narrow waterway between Iran and Oman. About one-third of world's oil passes through it. Tensions there affect global oil prices and shipping costs.
Key Terms 3
- Strait of Hormuz Narrow sea passage between Iran and Oman, key for oil ships
- ceasefire An agreement to stop fighting between two sides
- oil tankers Large ships that carry oil across the sea