Asian ship owners might begin to sail through the Strait of Hormuz soon amid a fragile U.S.-Iran ceasefire as they have a higher risk tolerance and can manage paying tolls unlike sanctions-complying Western firms, shipping executives said at the FT Commodities Global Summit on Wednesday.

At least two fully laden Iranian tankers have sailed out of the Persian Gulf and past a US blockade this week, part of a flotilla that has made its way around the warships and ferried roughly 9 million barrels of oil to the market.

Shipping traffic through the Strait of Hormuz remained broadly halted on Tuesday with only three ships passing the waterway in the past 24 hours, shipping data showed.

Three vessels — two cargo ships and a fuel tanker — appeared to be attempting to transit the Strait of Hormuz early on Tuesday as US and Iranian blockades remained in place.

Iran is considering attending peace talks with the United States in Pakistan, a senior Iranian official told Reuters on Monday, following moves by Islamabad to end a U.S. blockade of Iran's ports, a major hurdle for Iran to rejoin peace efforts.

The European Union will expand the criteria of its Iran sanctions to include those responsible for blocking the Strait of Hormuz, which has been largely shut for nearly two months upending global energy and commodities markets, two EU diplomats said.

Commercial traffic through the Strait of Hormuz is at a virtual standstill on Monday after a brief and confused reopening over the weekend ended with the first US seizure of an Iranian vessel — underscoring just how difficult it will be to restore activity in the vital strait.

By Daphne Psaledakis, Trevor Hunnicutt and Saad Sayeed WASHINGTON/ISLAMABAD, April 19 (Reuters) – The United States said on Sunday that it had seized an Iranian cargo ship that tried to run its...

By Weilun Soon Apr 18, 2026 (Bloomberg) –Several oil tankers have u-turned in the Persian Gulf after appearing to try to transit the Strait of Hormuz, as shipowners and oil traders...

By Saurabh Sharma MUMBAI, April 18 (Reuters) – India said it had called in the Iranian envoy to New Delhi and flagged its “deep concern” over the attack on two Indian-flagged ships...

All ships can sail through the Strait of Hormuz but this needs to be coordinated with Iran’s Islamic Revolutionary GuardCorps (IRGC), a senior Iranian official told Reuters, adding that unfreezing Iranian funds was part of the deal.

(Bloomberg) — A Greek shipowner whose vessels have repeatedly braved the Strait of Hormuz during the Iran war sent through its biggest oil supertanker since the start of the conflict....