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The Guardian - UK
The Guardian - UK
World
Joanna Partridge and Jillian Ambrose

Will shipping in the strait of Hormuz – and oil prices – return to normal?

Two people look out over the harbour where a pair of commercial vessels lie at anchor
Two bulk carriers lie anchored off Muscat in Oman, south of the strait of Hormuz. The waterway was shut by Iran after the war started in February. Photograph: Elke Scholiers/Getty Images

If the US-Israeli ceasefire with Iran holds, it could offer the clearest hope of an end to the energy crisis since Iran’s Revolutionary Guards assumed control of the strait of Hormuz after the conflict began 40 days ago.

The deal is already looking shaky, with Iran arguing late on Wednesday that Israel’s attacks on Lebanon breach it and state media claiming that the key waterway had again been closed.

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