Oil tanker traffic in Strait of Hormuz jumps after U.S. and Iran implement deal to open sea lane

AI Summary

Oil tanker traffic through the Strait of Hormuz has increased following a deal between the U.S. and Iran to open the sea lane toll-free temporarily. Questions remain about governance of the strait once the toll-free period ends.

The U.S.-Iran deal has raised questions about how the Strait of Hormuz will be governed after the toll-free period ends.