Global shipping remains paralyzed in the Strait of Hormuz as Iran maintains a blockade despite a fragile ceasefire agreement reached with Donald Trump and Israel.Daily vessel transits have plummeted from over 100 to fewer than a dozen as the Islamic Revolutionary Guard Corps demands fees of $2 million per ship to be shared with Oman.Experts at
Windward warn that insurance costs of $7 million and naval mine threats could delay a full recovery of oil markets for up to 40 weeks.