Evacuation of 11,000 Seafarers Begins in Strait of Hormuz

Published on Β· Source: cnbc.com

Evacuation of 11,000 Seafarers Begins in Strait of Hormuz

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Summarized by AI from the source below

More than 11,000 seafarers will begin evacuation from the Persian Gulf through the Strait of Hormuz as part of a large-scale plan supported by Iran and the United States. This initiative was announced by the International Maritime Organization, ensuring all necessary safety guarantees have been secured. The operation follows a memorandum of understanding signed recently, which has contributed to a tripling of ship transits to 93 vessels over the June 19 to 21 weekend compared to the previous two-week period. Hormuz remains critical as it facilitates approximately 20% of global oil supplies.

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