Hormuz choke point persists as Iran halts oil traffic despite Trump ceasefire

This material may not be published, broadcast, rewritten, or redistributed. ©2026 FOX News Network, LLC. All rights reserved. Quotes displayed in real-time or delayed by at least 15 minutes. Market data provided by Factset. Powered and implemented by FactSet Digital Solutions. Legal Statement. Mutual Fund and ETF data provided by LSEG. President Donald Trump continues to pressure Iran after traffic slowed in the Strait of Hormuz as concerns rise over a fragile ceasefire. Oil traffic through the Strait of Hormuz remains effectively halted despite a U.S.-backed ceasefire that hinged on reopening the critical waterway, raising fresh questions about whether Iran is following through on a central condition of the truce. A backlog of roughly 3,200 vessels — among them 800 tankers and cargo ships — has built up west of the strait, with ships idling as operators wait for clarity on whether it is safe to pass. No oil tankers have risked the journey in recent days, according to Matt Smith, an analyst at Kpler, a data and intelligence company. "We're not seeing any, any, any oil products passing through there," Smith said. "So, for all intents and purposes, the strait remains closed. And this