Get all your news in one place.
100's of premium titles.
One app.
Start reading
Fortune
Fortune
Eva Roytburg

Only five ships crossed the Strait of Hormuz Thursday, far below Iran’s pledge as negotiations begin

(Credit: Chris McGrath/Getty Images)

Only five ships moved through the Strait of Hormuz on April 9 during the ceasefire agreement between Iran and the U.S. and Israel, according to S&P Global Market Intelligence data. That number of ships, three tankers and two other vessels, is significantly below the “minimum of fifteen” ships Iran had promised would pass through the Strait during the expected two-week ceasefire, and is vastly lower than the pre-war count of 130 to 160 ships. The number also underscores an uncomfortable truth about the ceasefire in the war in Iran: while the U.S. has stopped its attacks, Iran has been able to functionally keep the Strait closed.

There have been plenty of days during the war which saw significantly more traffic than these seven ships that have passed during the ceasefire—including multiple days last week alone that saw 13 ships crossing the waterway. On Wednesday, the day after the ceasefire was announced, only four passed, according to S&P Global Market Intelligence.

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.