Hormuz Ship Transits Quadruple as Trump Plan Works

Newsmax ^ | 04 July 2026 | Newsmax Wires

[Merrick]

President Donald Trump's plan to reopen the Strait of Hormuz appears to be working, as transits show the strongest signs yet of returning to normal operations.

Commercial shipping is steadily increasing under the 60-day U.S.-Iran ceasefire, easing fears of prolonged global oil supply disruptions and driving crude prices lower.

New maritime data shows vessel traffic through the strategic waterway has more than quadrupled over the past week as shipping companies cautiously resume voyages through the Persian Gulf.

According to maritime intelligence platform Signal, the number of traceable daily voyages entering and leaving the Gulf increased from just one or two ships during most of the conflict to eight vessels by July 1, based on a seven-day moving average.

[FreeReign]

“OPEC’s oil production rebounded sharply in June as Gulf producers finally began bringing shut-in barrels back online after months of war-induced disruptions. But despite the impressive headline number, the cartel is still pumping nowhere near where it was before the Strait of Hormuz crisis turned Middle East oil flows upside down.”

US oil exports are up 50% since March.

Somebody do the math.

[for-q-clinton]

Right that’s what I’m saying to the guy saying we won the war and coulnd’t wait another day longer to attack Iran.

[Liz]

WRT Iranian frozen assets in international accounts, following the imposition of sanctions
that began in 1979, they are said to be worth between $100-120 billion in the late 2010s.

Almost $2 billion of Iran’s assets are frozen in the United States.

According to the Congressional Research Service, in addition to the money locked up in foreign bank accounts, Iran’s frozen assets include real estate and other property. The estimated value of Iran’s real estate in the U.S. and their accumulated rent is $50 million.

Besides the assets frozen in the U.S., some parts of Iran’s assets are frozen around the world by the United Nations. As of January 2021, Iran had frozen assets in the following countries:
<><>$7 billion in South Korea;
<><>$6 billion in Iraq;
<><>$20 billion in China;
<><>$1.5 billion in Japan;
<><>$1.6 billion in Luxembourg.