Resuming normal traffic through the Strait of Hormuz presents a lengthy, complex, and hazardous process. As of June 17, 2026, over 500 vessels remain stuck in the strait, reported by the ship tracking company, Kpler.
U.S. officials are expected to finalize an agreement on Friday to conclude the ongoing conflict in Iran. Despite this anticipated deal, global markets might continue to experience elevated gas prices and a shortage of essential goods such as fertilizers for several more months.