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2026 Strait of Hormuz crisis South Korean president Lee Jae Myung says that all but two Korean vessels have successfully transited through the Strait of Hormuz after previously bei

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Lee Jae Myung (Wikidata P18)
Photo: Republic of Korea from Seoul, Republic of Korea / Wikimedia Commons (CC BY-SA 2.0)

Korean vessels have left Strait of Hormuz President Lee Jae Myung said Tuesday that all but two South Korean-operated vessels have left the Strait of Hormuz after being stranded there amid the US-Iran war. President Lee Jae Myung speaks during a cabinet meeting at Cheong Wa Dae in Seoul, Tuesday.

"We need more effective and focused crisis management in the mid- to long-term," he said, asking the government to maintain a thorough emergency response system and pursue long-term tasks, such as diversifying energy and raw material supply chains.

Lee cautioned, however, that the "crisis is not yet over" as a considerable amount of time will be required to fully bring the world economy back to normal, even after a peace agreement is signed. The vessels' departures came after the United States and Iran signed a preliminary deal on June 17 ahead of a final peace agreement to end their war.

Background

The Strait of Hormuz is a waterway between the Persian Gulf and the Gulf of Oman. On the north coast lies Iran, and on the south coast lies the Musandam Peninsula under the Musandam Governorate of Oman, with a portion of the southwest of the peninsula under the United Arab Emirates (UAE).

Wikipedia — Strait of Hormuz (CC BY-SA)

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