South Korean President Lee Jae Myung stated on Friday that three additional South Korean-operated vessels currently stranded in the Strait of Hormuz are expected to depart the waterway over the weekend.
The move would leave only two ships unable to exit, marking a significant step toward normalizing traffic in the strategic chokepoint following the outbreak of the Middle East conflict.
The anticipated departures follow a period of heightened tension that saw half of the stranded South Korean fleet successfully exit the strait in recent weeks.
The accelerated pace of evacuations suggests that security conditions in the corridor are stabilizing, reducing the immediate risk of further disruptions to global energy flows.
This development comes as markets have been closely monitoring the Strait of Hormuz for signs of sustained instability, with shipping insurance premiums and freight rates remaining elevated due to perceived transit risks.
The normalization of shipping traffic aligns with broader efforts to restore stability in the region.