Splash Wrap: ‘Ships of the world, start your engines’

AI Summary

Vessel tracking indicates 17 transits through the Strait of Hormuz with two more early Friday, signaling some maritime activity in a waterway largely closed for nearly four months. However, diplomatic tensions in the region linked to the US-Iran memorandum are causing fractures affecting shipping operations.

Vessel tracking services recorded 17 transits through the Strait of Hormuz on Thursday, with two more logged in the early hours of Friday, tentative signs of life in a waterway that has been effectively shut for nearly four months. But the diplomatic architecture underpinning the US-Iran memorandum of understanding is already showing fractures, and industry …