Overview
- Iran’s Ebrahim Azizi said Saturday that a professional traffic plan will steer ships along a set lane, charge for services, and bar operators tied to the US-led Project Freedom.
- Iranian state TV said European governments have opened talks for transit permission after dozens of Asia-linked ships, including from China and Japan, moved under new management protocols.
- US Energy Secretary Chris Wright forecast the strait could reopen by summer and warned the military could force it if Iran keeps restricting traffic, as President Trump cautioned Tehran after talks with China’s Xi.
- Iraq’s oil minister said exports through Hormuz collapsed to about 10 million barrels in April from roughly 93 million before the war, underscoring higher prices and insurers steering ships away from the route.
- US Central Command said it has redirected 78 commercial ships and disabled four vessels under the Iran blockade, Pakistan’s mediation continues, and Tehran has not released start dates or full rules for its new system.