Iran clarified this week that ships from “hostile” nations are barred from navigating the strait, but overall maritime traffic remains all but halted, tracking shows.
A toll and promises of safe passage raise complicated questions for the shipping industry, eager to rescue crews and cargoes stuck in the Persian Gulf.
Eliminating costs created by the Jones Act temporarily represents a drop in the bucket compared to the global market swings created by the war in Iran.
Analysts say Tehran is trying to impose a traffic control system through the strait, permitting safe passage for friendly vessels while leaving others fearful of attack.
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