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13 August 2026

Iran war live: US, Tehran exchange opposing claims over Hormuz control

Downunder Voices Newsroom

Source reporting: Al Jazeera English

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Iran war live: US, Tehran exchange opposing claims over Hormuz control

President Trump again insists US has 'total control' of strait, while Tehran resolute that the US must meet its demands.

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Freightos Weekly Update: Hormuz hopes dashed; Asia – Europe and transpac ocean rates diverge on extended US peakWorld

13 August 2026

Freightos Weekly Update: Hormuz hopes dashed; Asia – Europe and transpac ocean rates diverge on extended US peak

The Iran-Oman Strait of Hormuz initiative stirred some optimism last week of renewed traffic through the waterway sometime soon. But Iran’s recent, escalated, list of demands of the US – including a ban on US vessels, transit fees, and reparations for damage from US strikes – in order to make it happen has mostly dashed the renewed hopes and pushed the situation back to the familiar war time status quo of Iranian attacks, a US blockade and minimal transits. The last few weeks have seen attacks extended via Iranian proxies to the Bab el-Mandeb Strait, Saudi ports in the Red Sea and even Egypt. Nonetheless, some container carriers have expanded or restarted some Red Sea transits paused more than once since the start of the war. The early start to ocean peak season is translating into the anticipated early come down on Asia-Europe lanes.

Source: Container NewsOriginal source

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