Iran Eases Shipping Restrictions in Strait of Hormuz, Boosting Trade
New data shows Iran has significantly increased the number of ships passing through the strategic Strait of Hormuz, indicating a shift in the country's maritime policies.
Iran has significantly increased the number of ships allowed to transit the Strait of Hormuz in recent days, according to data from a leading maritime intelligence company. The move marks a notable shift in the country's approach to the strategic waterway, which has long been a point of tension between Iran and the West.
The Strait of Hormuz is a critical global shipping chokepoint, with an estimated one-fifth of the world's oil supply passing through its narrow waters. Iran has historically sought to exert control over the strait, occasionally threatening to disrupt or even block shipping in the event of geopolitical tensions.
However, the latest data from maritime intelligence firm Dryad Global shows that the number of ships transiting the strait has nearly doubled in recent days. This suggests a concerted effort by Iran to ease restrictions and allow more vessels to pass through the vital waterway.
{{IMAGE_PLACEHOLDER}}Source: Al Jazeera
