The ceasefire has so far had minimal impact on the movement of hundreds of vessels that have been stuck in the region since the start of the war in late February. United States President Donald Trump even said that “Iran is doing a very poor job” at reopening the vital waterway. Oil Price Plunge After Iran Allows Safe Passage Through Strait of Hormuz Trump described it as “dishonorable” as the Iranian ruling class continues to block the passage of vessels. Trump wrote in Truth Social. “That is not the agreement we have!” As of Friday morning, only 7% of the normal…

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