Oil shipping remains stalled in Strait of Hormuz despite US vows

Oil tanker traffic through the Strait of Hormuz remains largely blocked, despite public vows from President Donald Trump to ensure the 'free flow of energy' and provide 'great safety' for vessels. He threatened Iran with force if it continued to block the strait, a critical global oil passageway.

Iran's leader stated the strait would stay shut. The situation has kept oil from moving, though one tanker did reach Mumbai, India. A US waiver also allowed millions of barrels of Russian oil back onto the market amid the disruption.