Nita Blake-Persen
April 28, 2026Advertisement
Nearly nine weeks have passed since tankers began waiting to pass through the Strait of Hormuz, and the wait continues as US-Iran tensions persist despite a tentative ceasefire.
Washington accuses Tehran of using the blockade to pressure the global economy, while Iran blames the United States for the disruption to shipping.
The standoff has affected global oil supply chains, and shipbrokers say it could take until September to clear the backlog.