Following the recent US-Iran ceasefire, shipping traffic has cautiously resumed in the Strait of Hormuz, with the first vessels having crossed since the agreement. However, overall traffic remains low as many shippers seek clarity on the situation. Experts have indicated that while the ceasefire was intended to stabilize shipping routes, significant uncertainties persist, leaving hundreds of vessels still trapped and awaiting a full return to normalcy. Marine insurers and shipping companies remain cautious, with some asserting that it may take several weeks for commercial operations to stabilize in the region. Notably, Greek and Liberian-flagged ships have been among the first to navigate through the strait, but many tankers continue to avoid the area due to lingering risks.