Shipping traffic at the Strait of Hormuz remained at a standstill on Thursday, with Iran allowing no more than 15 vessels to pass per day under the ceasefire agreement. Despite the agreement, several reports said ships will need to obtain consent from the military.
One oil product tanker and five separate dry bulk carriers sailed through the Strait of Hormuz in the past 24 hours, according to Reuters. Two Iranian-flagged tankers also sailed through the waterway.
Iran's Deputy Foreign Minister, Saeed Khatibzadeh, said that while Hormuz is open, each tanker and vessel needs to make 'necessary arrangements' with the Iranian military and authorities to 'securely pass.'
The comments were consistent with the radio transmission from Iran to maritime traffic, insisting on the need for its permission to transit.
Oil prices rose over 3 per cent on Thursday as the Strait of Hormuz remained disrupted, with Brent crude futures up $3.41, or 3.6%, at $98.16 a barrel, Reuters reported.
