HORMUZ TRACKER: Traffic Halts as Trump Weighs Iran’s New Offer

A tanker unloads crude oil at an offloading terminal after transiting the Strait of Hormuz on April 30. 

Photographer: NurPhoto/Getty Images

Traffic through the Strait of Hormuz has come to a virtual standstill while US President Donald Trump weighs Tehran’s latest peace proposal.

Hopes of an early easing of the twin blockades by Tehran and Washington faded after Trump said he’d review the plan, but cast doubts on whether it would satisfy him, saying Iran has “not yet paid a big enough price for what they have done to Humanity, and the World, over the last 47 years.”