New Iran Threat Keeps Tankers Away From Strait As Ceasefire Wavers

Despite expectations of a rush to exit the Persian Gulf after this week’s U.S.-Iran ceasefire, no tankers have passed through the Strait of Hormuz, according to shipping trackers, as uncertainty grows over whether the agreement will hold. The deal is already under strain as both sides disagree on whether Lebanon is covered by the ceasefire. On the first day of the 14-day truce, Israel carried out a bombing raid in Lebanon—the largest yet in its campaign against Iran-backed Hezbollah. Tehran responded by shutting down the strait, the world’s most critical energy chokepoint, through which about one-quarter of global seaborne oil…