The traffic volume of oil tankers in the Hormuz Strait has significantly increased. Gulf oil-producing countries have reopened bidding.

With the ceasefire agreement between the US and Iran taking effect, the previously conflict-ridden Strait of Hormuz has finally begun to restore its original function: continuously exporting oil and fuel. According to maritime data company Kpler, on Thursday after the agreement took effect, a total of 25 vessels passed through the Strait of Hormuz, including 14 oil tankers, most of which traveled along the northern route along the Iranian coast. Although the number of commercial ships passing through is far below the level of over a hundred ships before the war, this is the highest number since mid-April. The situation on Friday was similar. According to MarineTraffic data, at least four tankers carrying crude oil, oil products, and liquefied petroleum gas entered the Strait of Hormuz on Friday, heading towards ports in the Gulf of Iraq. At the same time, a Japanese-owned crude oil tanker sailed out of the strait heading for Japan. In addition, two Indian-flagged very large crude carriers passed through the strait heading towards India. Kpler's data also shows that on Friday, at least five Iranian very large crude carriers loaded with oil left the area. Meanwhile, oil-producing countries in the Gulf have begun actively issuing tenders. A document dated Friday shows that Kuwait Petroleum Corporation has offered crude oil for delivery in July through a tender after lifting force majeure and announcing production increase plans. Abu Dhabi National Oil Company also issued its fourth tender for this month. Compiled data shows that there are currently hundreds of commercial ships waiting to pass through the Persian Gulf, including 40 very large oil tankers carrying nearly 80 million barrels of crude oil (note: this data does not include Iranian tankers). Around 21 of these tankers are heading towards Asian regions, with at least three sailing east towards the strait on Friday morning at normal speed. More ships are still awaiting clear guidance. Overall, around 500 commercial ships remain stranded in the Persian Gulf awaiting clearer navigation rules, including routing and queuing rules. Iran's "Strait of Hormuz Management Organization" announced on Friday that transit applications must be submitted at least 48 hours before entering the Strait of Hormuz area. Shipowners are also required to obtain and maintain ship insurance approved by Iran, although the related fees are exempt for a 60-day period, meaning they may still be charged in the future. The notice from the organization also emphasizes that transit is only allowed through the Iranian route near Larak Island. Any deviation from this route will be considered a violation. Currently, there are two recognized safe navigation routes for entry and exit from the Persian Gulf, with the northern route passing through Iranian waters and the southern route passing through Omani waters. The channel in between is considered an unsafe area with the potential presence of mines. In recent days, several tankers have chosen to take the southern route, which is monitored by the US Navy, but there is a risk of grounding and grounding. Deeper uncertainties lie in the follow-up negotiations between Iran and the US, and how Israel will respond to the US-Iran negotiations. Following the signing of a memorandum of understanding between the US and Iran, Israel continued airstrikes on Lebanon, leading to the postponement of the next stage of US-Iran talks scheduled to take place in Switzerland this weekend. In the early hours of Friday local time, an Israeli tank patrol was attacked in southern Lebanon, resulting in the deaths of four Israeli soldiers. Israel subsequently stated that it targeted over 80 objectives belonging to Hezbollah militants. The Lebanese Ministry of Health reported that the Israeli airstrikes resulted in at least 47 deaths and 97 injuries. President Trump stated on Friday that he had spoken with the "Israeli leadership" and urged them to agree to a ceasefire between Lebanon and Hezbollah. The latest information indicates that Yechiel Leiter, the Israeli Ambassador to the US, confirmed that the country is "firmly committed to an immediate ceasefire" and had "halted all offensive operations" that morning. Leiter also stated that if Hezbollah complied with the agreement and stopped hostile actions, they would "experience calm." Leiter added that Israeli troops would remain stationed in southern Lebanon to "clear out Hezbollah" and destroy related infrastructure. Israel "will stay there until this mission is completed." This article is translated from "Cai Lianshe" by Shi Zhengcheng, GMTEight Editor: Li Cheng.