The Strait of Hormuz is currently experiencing an increase in ship traffic. This development comes after Iran and the US signed an interim deal, which aimed to end a war that previously limited global oil supplies and drove inflation. Details about the situation are still emerging, with questions surrounding the control of the waterway and potential tolls for vessels to cross it.

For more information on the current state of the Strait of Hormuz, readers can refer to the full report from KPRC 2 Houston.