No specific ships have been reported using this new US insurance to transit safely in the last 24 hours, as the program is brand new and traffic remains halted. Some vessels are reflagging or signaling Chinese ownership to gain passage under Iran’s exemptions, rather than relying on insurance.
Single-digit transits (1-3 confirmed crossings), far below the historical average of 138 daily. Most were Chinese-linked (Iron Maiden) or Iranian-flagged, with no major crude tankers using main lanes. Overall vessel passages dropped 38-50% before halting, with transits reduced to near zero by March 5 morning.
Iranβs launch count during the first five days of the conflict:
π Ballistic Missile Strikes
π΄ Day 1 β 350
π΄ Day 2 β 175
π΄ Day 3 β 120
π΄ Day 4 β 50
π΄ Day 5 β 40πΈ Drone Swarm Attacks
π’ Day 1 β 294
π’ Day 2 β 541
π’ Day 3 β 200
π’ Day 4 β 85
π’ Day 5 β 45— TRISHUL (@TrishulxIN) March 4, 2026
When Iran is no longer able to launch missiles or drones (estimate this weekend) then they will only have the Strait of Hormuz blockage left.
They would have nothing to offer in a ceasefire. They would have stopped firing.

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I would be furiously digging a canal across the peninsular using twelve double sided digging sites at once. Nothing fancy or permanent, just emphasis on being cheap , deep, nasty, wide, and above all else, time critical.
I am more than surprised that this essential detour had not already been planned and completed before this necessary strike!
It will take some time to permanently disable all of the mad mullahs’ missiles, nothing short of a comprehensive regime change can offer any permanent solution. Emphasis should be placed on THAD being put on land to cover the new passage, as a shield. Adoption of Ukraine’s’ audio sensing network and placement of Shahed drone destruction weapons are urgently required!
https://www.timesofisrael.com/us-asks-ukraine-for-assistance-in-shooting-down-iranian-shahed-drones-in-middle-east/
It is unfortunate that Europe had not taken a lead and pummeled Iran years ago, before they had time to organize to the current level, it is not like Europe is innocent and did not know what this demonic regime was up to! This crazy religious terror regime, lead by murderous madmen intent on destroying Western society with nuclear tipped ballistic missile weapons, has openly stated their intent in the past! Europe should offer to help in this attack phase, they are always relying on America to come and defend them yet offer very little in the way of support back, IMHO, that is awfully “small minded” of them!
Global trade is essential, nothing should be allowed to interrupt this vital service!
It really is a ‘big deal’. The Strait is passage for something like 45% of the output of the Mideast as a whole. To the north, virtually all of the refineries (which turn crude into the bewildering array of distillates needed by the commercial and industrial world, especially in locations that haven’t invested in their own local refineries) have been shut down in deference to Iran’s constant threat(s) of aerial missile assault. For all intents, at this point only actual crude oil could be exported, to take advantage of America’s “self-insurance” program. And, as the article cites, it is too early yet.
The oil still gets out, it just to go around the long way, round Africa