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Markets1d 3h ago
18 vessels transited the Strait of Hormuz between 6 p.m. on June 17 and 2 p.m. UTC on June 18, following the signing of a US-Iran memorandum of understanding to end the war.
Strait of Hormuz
Who
US, Iran, shipping vessels
What
18 vessels transited the Strait of Hormuz between 6 p.m. on June 17 and 2 p.m. UTC on June 18, following the signing of a US-Iran memorandum of understanding to end the war.
When
Thu, 18 Jun 2026 14:00:00 GMT · 1d 3h ago
Where
Strait of Hormuz ·
Why
The transits occurred after the US and Iranian presidents signed a memorandum of understanding to end the war, signaling confidence in the agreement.
The Frontline Impact
How this affects you
The resumption of shipping in the Strait of Hormuz, a critical chokepoint for 20% of global oil supplies, indicates potential for economic recovery and normalization of energy flows, though long-term stability depends on sustained confidence and resolution of issues like insurance and demining.
Story chain
1 event in this threadNo related history yet - this is the origin event.