Iran publishes a map with alternative routes for transit in the Strait of Hormuz to avoid anti-ship mines
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Iran has released a map with alternative routes for oil tankers to avoid anti-ship mines in the Strait of Hormuz. The move comes as a fragile ceasefire teeters on the edge, with the US president warning of potential conflict and oil prices remaining volatile.
Iran has shared a map to help oil tankers avoid underwater explosives in the Strait of Hormuz. The Islamic Revolutionary Guard Corps released the coordinates of the alleged mines. The Strait is a critical passage for oil tankers, with around 20% of the world's oil passing through it daily. The US president has declared the passage open, but it was closed again after two tankers made it through. Iran claims the map provides a safe corridor for oil tankers. The situation remains tense, with oil prices falling after a two-week ceasefire was announced, but markets remain nervous.
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