After Iran attacked a Cypriot container ship on Saturday, the US and Iran immediately launched multiple rounds of mutual attacks, and shipping traffic in the Strait of Hormuz plummeted like a cliff. According to statistics from shipping data agency Kepler, only 14 ships crossed the channel on Sunday, setting a new low of single-day traffic in a month. Of these, only 3 tankers left the Persian Gulf and were loaded with crude oil, chemicals, and other commodities, and all three were on grey routes or were sanctioned. However, before the conflict broke out at the end of February, the average number of ships sailing in the Strait of Hormuz was over 130 per day. Jacob Larson, chief safety officer of the Baltic Sea International Shipping Association, the world's largest shipping association, said that the memorandum of understanding signed by the US and Iran on June 17 has obvious shortcomings. The agreement weakens the effectiveness of international conventions regulating maritime shipping, and the international convention clearly stipulates that ships can enjoy the right of harmless passage in international waterways. At the same time, he pointed out that the agreement did not resolve the core differences between the two countries. Larson judged that as long as Iran's deterrent and strike capability is not lifted, the strait shipping flow is likely to remain low.

After Iran attacked a Cypriot container ship on Saturday, the US and Iran immediately launched multiple rounds of mutual attacks, and shipping traffic in the Strait of Hormuz plummeted like a cliff. According to statistics from shipping data agency Kepler, only 14 ships crossed the channel on Sunday, setting a new low of single-day traffic in a month. Of these, only 3 tankers left the Persian Gulf and were loaded with crude oil, chemicals, and other commodities, and all three were on grey routes or were sanctioned. However, before the conflict broke out at the end of February, the average number of ships sailing in the Strait of Hormuz was over 130 per day. Jacob Larson, chief safety officer of the Baltic Sea International Shipping Association, the world's largest shipping association, said that the memorandum of understanding signed by the US and Iran on June 17 has obvious shortcomings. The agreement weakens the effectiveness of international conventions regulating maritime shipping, and the international convention clearly stipulates that ships can enjoy the right of harmless passage in international waterways. At the same time, he pointed out that the agreement did not resolve the core differences between the two countries. Larson judged that as long as Iran's deterrent and strike capability is not lifted, the strait shipping flow is likely to remain low.