Shipping traffic through the Strait of Hormuz has improved one week after the United States and Iran agreed to reopen the strategic waterway, but a fresh attack on a cargo vessel has renewed concerns over maritime security, according to the report.
Confidence was shaken after the Singapore-flagged container ship Ever Lovely was struck by a projectile near Oman. A U.S. official told CNBC the attack was carried out by Iran's Islamic Revolutionary Guard Corps. The incident forced the United Nations to suspend its evacuation mission for stranded ships.
Industry executives said uncertainty over shipping routes, elevated insurance costs and conflicting navigation guidance from Iran, Oman and the United States continue to discourage operators.
While some analysts expect oil tanker traffic to recover further, many companies remain cautious until clearer security guarantees are established.
Related Tweet:
Shipping traffic is recovering a week after the U.S. and Iran signed a deal to reopen the Strait of Hormuz — but a renewed attack on a cargo ship Thursday threw fresh uncertainty over the fragile passage, halting the United Nations’ evacuation plan and sending some tankers into… pic.twitter.com/hKOD2VCbvZ
— CNBC (@CNBC) June 26, 2026
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