Shipping rebounds in Strait of Hormuz one week after U.S.-Iran deal – but fragile confidence threatens recovery in International Shipping News 29/06/2026 Shipping traffic is recovering a week after the U.S. and Iran signed a deal to reopen the Strait of Hormuz — but a renewed attack on a cargo ship Thursday threw fresh uncertainty over the fragile passage, halting the United Nations’ evacuation plan and sending some tankers into reverse. In the week following the ceasefire announcement, 125 transits were recorded between June 15-21, marking the highest weekly total since the war began in late February, as tankers rushed to move stored Gulf crude before the 60-day truce window expires. On June 24, AXS Marine recorded 62 commercial vessel crossings, the highest single-day count since the war started, but only equivalent to 53% of the traffic on the same day last year. The Islamic Revolutionary Guard Corps on Wednesday declared that all ships must use only its northern route and comply with Iranian routing instructions. Hours later, the Ever Lovely — a Singapore-flagged Evergreen container ship — was struck on its starboard side by a projectile off the Omani coast. A U.S. official said the IRGC had carried out the strike. It was the first attack on a cargo vessel since the ceasefire took effect. Located in the gulf between Oman and Iran, the Strait of Hormuz is recognized as one of the world’s most critical energy chokepoints. The narrow waterway typically handles around 20% of the world’s oil traffic. Shipowners are left navigating two competing authorities with no agreed rules, with a northern corridor under Iranian control and a southern passage through Omani waters. The standard pre-war commercial lane remains closed due to mines. Iran warned it would take action against ships not using its northern route or coordinating with Iranian authorities. The U.S. and Oman backed a separate southern corridor, with Oman issuing navigational guidance and American Navy providi