Crude oil prices fall to below $74 per barrel for first time since early March
Many ships still remained near the Strait of Hormuz as of June 18. © Reuters
KENJI ASADA and YUJI OHIRA
NEW YORK/HOUSTON, Texas — Ship traffic through the Strait of Hormuz began to resume the day after the U.S. and Iran signed a memorandum of understanding halting the war, with at least six oil tankers confirmed to have transited through the key artery.