The situation in the Strait of Hormuz has escalated as Iran restricts passage to no more than 15 vessels daily under the ceasefire agreement with the US. This limitation, coupled with Iran's ongoing blockade since the conflict began, has exacerbated fears in global markets and led to significant surges in energy prices. Confusion surrounds the ceasefire terms as Iran adopts a hardline stance, contradicting earlier expectations of a more open shipping route. The Iranian Revolutionary Guard Corps has also issued maps to help vessels navigate safely, highlighting areas to avoid due to naval mines.
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Iran Restricts Vessel Passage in Strait of Hormuz Amid Tensions
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Iran has imposed new restrictions allowing only 15 vessels a day through the Strait of Hormuz, further complicating the ceasefire situation. The EU has condemned Iran's potential toll on shipping, emphasizing the need for unrestricted navigation, while Iran provides maps to avoid naval mines.
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