Hormuz at standstill, denting U.S.-Iran peace deal hopes ^0%

The Japan Times - By Salma El Wardany, Arsalan Shahla, Alex Longley - 4/19/2026, 8:52 AM

Framing Effect 51% - Negativity Bias 51% - Pessimism Bias 32%

Shipping in the Strait of Hormuz was at a near standstill early Sunday after Iran reversed its decision to reopen the waterway and fired on vessels attempting to pass, warning it would block transits as long as the U.S. blockade of Iranian ports remained. The standoff over Hormuz — through which about a fifth of the world’s oil and... more