Despite a ceasefire agreement between the United States and Iran, shipping remains at a standstill in the Strait of Hormuz. Only a handful of vessels have transited the critical strait since Washington and Tehran announced a two-week pause in fighting. Over 600 vessels, including 325 tankers, are still stranded in the Gulf due to the blockage. US President Donald Trump accused Iran of failing to live up to its part of the ceasefire agreement, which includes a commitment to allow safe passage through the waterway for two weeks. Oil prices have risen following the ceasefire announcement, but remain effectively halted.