FacebookTwitterEmailLinkedin In its latest update, issued 18 May, Windward finds that the Strait of Hormuz has structurally shifted from a transit corridor with disrupted flow to a tanker holding queue with administrative governance layered on top. According to Windward, two developments across May 17 and May 18 define the phase change: Iran’s move to formalize a sovereign transit-toll regime under the Persian Gulf Strait Authority, and the first observed coordinated bilateral cluster transit, conducted by six India-flagged vessels under operational assurances from Tehran. RelatedNews TT Club: Key global cargo theft trends 2025 IMO Annual Piracy Report: 171 incidents incidents during 2025 var jnews_module_21373173_0_6a0c30b67864d = {"header_icon":"","first_title":"Related","second_title":"News","url":"","header_type":"heading_8","header_background":"","header_secondary_background":"","header_text_color":"","header_line_color":"","header_accent_color":"","header_filter_category":"","header_filter_author":"","header_filter_tag":"","header_filter_cpt_post_tag":"","header_filter_cpt_tribe_events_cat":"","header_filter_cpt_web_story_category":"","header_filter_cpt_web_story_tag":"","header_filter_text":"All","sticky_post":false,"sticky_post_filter":false,"post_type":"post","content_type":"all","sponsor":false,"number_post":"2","post_offset":0,"unique_content":"unique1","include_post":"","included_only":false,"exclude_post":"21373173","include_category":"","exclude_category":"","include_author":"","include_tag":"4346,280,2647,1582,3404","exclude_tag":"","exclude_visited_post":false,"post_tag":"","tribe_events_cat":"","web_story_category":"","web_story_tag":"","sort_by":"latest","show_date":"","date_format":"default","date_format_custom":"Y\/m\/d","pagination_mode":"disable","pagination_nextprev_showtext":"","pagination_number_post":"2","pagination_scroll_limit":0,"ads_type":"disable","ads_position":1,"ads_random":"","ads_image":"","ads_image_tablet":"","ads_image_phone":"