Traffic and exports through the Strait of Hormuz have risen sharply since the US–Iran memorandum took effect, with US Energy Secretary Chris Wright reporting about 20M barrels passed in the last 24 hours and roughly 72 ships transiting the waterway.Data firm Kpler estimates flows near 4.8M barrels per day and says 20 tankers carrying about 35M barrels have left the Persian Gulf, while the Treasury Department has waived sanctions through August and the US Navy lifted its blockade to facilitate shipments.The Joint Maritime Information Center downgraded the threat level to moderate, the International Maritime Organization announced an evacuation plan for more than 11,000 seafarers, and maritime records show nearly 20% of commercial ships now transiting were previously sanctioned, complicating enforcement.