00:04Hello, and welcome to Global Pulse News.
00:07The Strait of Hormuz remains effectively closed to commercial shipping despite a tentative
00:14ceasefire between the United States and Iran.
00:17According to Vessel Tracking Services and analysts, traffic has shown almost no change
00:23since the truce was announced early Wednesday.
00:25Tehran's transit toll system is still fully intact.
00:30Tracking data from Lloyd's List shows that only three vessels have transited the strait
00:36since the ceasefire, all with current or past links to Iran.
00:40No new oil shipments have crossed since April 5, and no liquefied natural gas has moved through
00:48the waterway since hostilities began.
00:50As doubts over the ceasefire's durability grow, Brent crude climbed back above $96 a barrel
00:58on Thursday.
00:59Global equity markets fell, including South Korea's Kospi and Japan's Nikkei.
01:05Investment strategist Susanna Streeter warns, quote,
01:09The Strait of Hormuz remains largely obstructed.
01:13She adds that even if shipments resume, mined waters and a heightened military presence will
01:19keep insurance premiums and freight costs elevated.
01:23Both sides have continued their threats.
01:26President Donald Trump said U.S. warships and troops will stay, adding, and I quote,
01:32If for any reason the agreement is not complied with, then the shooting starts.
01:37Meanwhile, Iran's Revolutionary Guards have issued identical warnings as before the ceasefire,
01:44stating that vessels will be destroyed if they attempt to transit without permission.
01:50Iran's ship-by-ship approval regime remains unchanged.
01:55Transit fees, reportedly reaching $2 million, are being settled in cryptocurrency or Chinese
02:02yuan.
02:02More than 800 vessels remain stranded in the Gulf.
02:07Average daily traffic over the past two weeks has fallen to just three to five transits.
02:13This is a developing story.
02:15We will bring you updates as conditions change.
02:19This is a separate story.
02:19This is a dramatic story.
02:19You can see the story.
02:19OK.
02:21This is a very detailed story.
02:22A very clear story.
02:22The story has been made and done.
02:22The story has been made and done.
02:23The story has been made and done.
02:24You can see it will not be made to me.
02:24Much of your life has been made by and done.
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