Strait of Hormuz STILL Closed Despite US-Iran Ceasefire | Oil Prices Surge & Shipping Crisis

The Strait of Hormuz remains effectively closed to commercial shipping despite a tentative ceasefire between the United States and Iran. Vessel traffic is down to just 3–5 transits per day, Iran’s toll system is fully intact, and over 800 vessels are stranded in the Gulf. Brent crude has climbed back above $96 a barrel as doubts over the truce’s durability grow. In this video, we break down the latest shipping data, market reactions, and what it means for global energy supplies.<br /><br />Key details (easy to scan):<br />🔹 Ceasefire announced: Early Wednesday – but no change in traffic<br />🔹 Oil shipments halted: Last observed crossing on April 5 (5.6M barrels)<br />🔹 LNG transits: Zero since war began<br />🔹 Iran’s toll system: Up to $2M per ship, paid in crypto or yuan<br />🔹 Military threats continue: Both U.S. and Iran issuing warnings<br />🔹 Stranded vessels: 800+ in the Gulf – average 3–5 daily transits<br />🔹 Market impact: Brent above $96, global equities down<br />🔹 What’s next: VP JD Vance heading to Pakistan to negotiate reopening<br /><br /><br />📢 Do you think the ceasefire will hold? Comment below.<br />🔔 Subscribe for real-time updates on global energy & shipping.<br /><br />#StraitOfHormuz #OilPrices #IranUSCeasefire #ShippingNews #EnergyCrisis