A total of 1,600 commercial ships remain stranded in the Strait of Hormuz after the suspension of the US-led military operation 'Project Freedom', announced by Donald Trump. The mission, intended to provide a secure passage for vessels through the strategic waterway, lasted only 48 hours before being halted. During that time, only two ships managed to pass safely, leaving thousands of sailors and shipping companies in renewed uncertainty.

Shipping executives said confidence will not return without a verified peace agreement. Los Angeles port director Gene Seroka stated that no company is willing to risk its cargo or crew despite US military assurances. The 21-mile-long strait, which normally handles about 120 ships daily and supplies 20 percent of global oil, has seen traffic nearly frozen for two months. Insurance firms have refused to cover war-related losses, sharply increasing financial risks.

Iran has announced the creation of the 'Persian Gulf Strait Authority' to regulate tolls and navigation, a move the US rejects as illegal. According to the International Maritime Organization, 32 ships have been hit by missiles since the conflict began, resulting in 10 deaths.