Iran says non-hostile vessels can pass, but the wording still leaves global shipping uneasy.

Access with conditions is not the same thing as normal traffic through the key oil choke point.

Freight costs, insurance and tanker confidence can stay elevated even when the language softens.

Fuel users get relief only if ships actually move more freely. Better wording alone is not enough.

Watch shipping advisories, insurance pricing and whether more tankers resume normal routes.

Tap below for the full FuelPrice report on Hormuz, shipping and fuel risk.