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Euronews
Euronews
Aadel Haleem

Hormuz standoff turns into a cautious waiting game as US blockade begins

United States Iran Hormuz the Strait of Hormuz China Donald Trump

The US blockade of the Strait of Hormuz by 15 warships has begun amid a tense but cautious standoff, as evidenced by the level of maritime traffic, and with no reports of military engagement, as the fragile ceasefire between the US and Iran is still holding.

Oil prices keep rising and falling amid messages between the US, Iran and other actors, as markets watch the state of the ceasefire and developments in the Strait of Hormuz.

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