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Updated 20d ago
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Iran strikes cargo ship on U.N.-backed route in Strait of Hormuz
Oil tankers are returning to the Strait of Hormuz and traffic is slowly increasing. This follows an Iranian drone strike on a Singapore-flagged cargo ship that caused a temporary halt in movement. Oil prices have fallen back toward levels seen before the conflict.
What changed
Shipping traffic is resuming and oil prices are dropping after the initial disruption from the cargo ship attack.
Live updates
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Shipping Resumes in Strait of Hormuz After Iranian Drone Attack
confidence 90%Oil tankers are returning to the Strait of Hormuz and traffic is slowly increasing. This follows an Iranian drone strike on a Singapore-flagged cargo ship that caused a temporary halt in movement. Oil prices have fallen back toward levels seen before the conflict.
What's confirmed:
- Iran attacked a Singapore-flagged cargo ship in the Strait of Hormuz using a drone.
- The attack was confirmed by U.S. and Iranian officials.
- A United Nations agency paused its sailor evacuation plan following the strike.
- Oil tankers are passing through the Strait of Hormuz again as traffic picks up.
- Oil prices have returned to near pre-war levels.
Still unconfirmed:
- The attack was a test of a deal made by Donald Trump to reopen the strait.
- The cargo vessel was attacked near Oman.