Relevance: primary · Type: event
Confidence90%
Five bulk carriers transited the Strait of Hormuz in the first 24 hours after the U.S.-Iran ceasefire agreement.
Relevance: primary · Type: event
Confidence90%
Nine vessels passed through the Strait of Hormuz on Wednesday and Thursday after the ceasefire agreement.
Relevance: primary · Type: background
Confidence90%
Some ships turn off or spoof their GPS trackers during transit of the Strait of Hormuz, making exact transit numbers unclear.
Relevance: primary · Type: background
Confidence90%
Before the conflict, more than 100 vessels per day on average sailed through the Strait of Hormuz.
Relevance: supporting · Type: event
Confidence90%
Oil prices rose above $100 per barrel on Thursday, April 9, 2026.
Relevance: primary · Type: background
Confidence90%
During the conflict, Iran attacked several vessels it viewed as connected to the U.S. or Israel.
Relevance: primary · Type: background
Confidence90%
The Strait of Hormuz normally accommodates about 20% of the world’s oil and natural gas supply.
Jakob Larsen, chief safety and security officer at BIMCO
Relevance: supporting · Type: action
Confidence90%
Jakob Larsen, chief safety and security officer at BIMCO, said ships trapped in the Persian Gulf would be interested in leaving as soon as it is safe to do so.
Jakob Larsen, chief safety and security officer at BIMCO
Relevance: supporting · Type: action
Confidence90%
Jakob Larsen said the shipping industry was awaiting technical details from the U.S. and Iran on how to transit the Strait of Hormuz safely.
Relevance: primary · Type: action
Confidence90%
Iran has said that ships must obtain its permission before transiting the Strait of Hormuz and suggested it retains the right to charge a fee for passage.
Relevance: primary · Type: event
Confidence90%
The Iranian navy released a map indicating the strait may have been mined and outlining designated shipping lanes for safe transit.
Relevance: supporting · Type: background
Confidence90%
The map directs outbound ships leaving the Persian Gulf to follow a route just south of Larak Island.
Relevance: supporting · Type: background
Confidence90%
The map directs inbound vessels to follow a route north of Larak Island.
Relevance: supporting · Type: background
Confidence90%
The map designates a large portion of the strait, including Oman’s territorial waters, as "hazardous."
Saeed Khatibzadeh, deputy foreign minister
Relevance: supporting · Type: action
Confidence90%
Saeed Khatibzadeh, deputy foreign minister of Iran, said that tankers and other vessels must be very careful for their security and safety.
Sultan Al Jaber, chief executive of Abu Dhabi National Oil Company
Relevance: primary · Type: action
Confidence90%
Sultan Al Jaber, chief executive of Abu Dhabi National Oil Company, said the strait is not open and that access is being restricted, conditioned, and controlled.
Relevance: supporting · Type: event
Confidence90%
Iran's Islamic Revolutionary Guard Corps has imposed a de facto "toll booth" regime in the Strait of Hormuz requiring vessels to submit full documentation, obtain clearance codes, and accept IRGC-escorted passage through a single controlled corridor.
Relevance: supporting · Type: event
Confidence90%
At least two vessels have paid fees in Chinese yuan for passage through the Strait of Hormuz.
Relevance: supporting · Type: event
Confidence90%
Iran has not officially implemented a toll for passage through the Strait of Hormuz.
Relevance: supporting · Type: action
Confidence90%
Under a long-term peace deal to reopen the strait, Tehran has indicated it would charge vessels a fee to guarantee safe passage.
Donald Trump, former U.S. president
Relevance: supporting · Type: quote
Confidence90%
In a Truth Social post on April 9, 2026, Donald Trump wrote, "There are reports that Iran is charging fees to tankers going through the Hormuz Strait — They better not be and, if they are, they better stop now!"
Relevance: primary · Type: event
Confidence90%
In March 2026, an average of six vessels per day crossed the Strait of Hormuz, according to data from Marine Traffic.
Relevance: primary · Type: event
Confidence90%
In April 2026, crossings of the Strait of Hormuz averaged about 10 vessels per day, according to data from Marine Traffic.
Relevance: supporting · Type: background
Confidence90%
Global oil prices traded between $65 and $73 per barrel before the war began on February 28, 2026.
Relevance: supporting · Type: event
Confidence90%
Global oil prices hovered just above $95 per barrel on Friday.
Hamid Hosseini, spokesperson for Iran's energy exports union
Relevance: supporting · Type: action
Confidence90%
Hamid Hosseini, spokesperson for Iran's energy exports union, said Iran would look to impose a tariff equivalent to $1 per barrel on oil transiting the strait.
Neil Shearing, chief economist at Capital Economics
Relevance: supporting · Type: action
Confidence90%
Neil Shearing, chief economist at Capital Economics, said those additional costs alone would not significantly influence global oil prices, noting that the marginal cost of oil production in many Persian Gulf states is roughly $20 per barrel.
Neil Shearing, chief economist at Capital Economics
Relevance: supporting · Type: quote
Confidence90%
Neil Shearing said, "They would still be extracting huge profits on a barrel of oil."
Neil Shearing, chief economist at Capital Economics
Relevance: supporting · Type: action
Confidence90%
Neil Shearing said oil prices would remain elevated for months if Tehran maintains firm control over the strait.
Neil Shearing, chief economist at Capital Economics
Relevance: supporting · Type: quote
Confidence90%
Neil Shearing said, "There will be a permanent risk premium in the markets in terms of oil prices."
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