A significant build-up of maritime traffic is occurring in the Strait of Hormuz, with over 1,000 vessels currently waiting to transit. The congestion is causing delays for global shipping routes. Yannis Kotsias, president of the Association of Maritime Brokers, expressed cautious optimism regarding a return to normal conditions. The cause of the congestion wasn’t explicitly stated, but it is impacting vessel schedules. Authorities are monitoring the situation and working towards a resolution. The duration of the delays and when normal transit times will resume remains uncertain, though efforts are underway to alleviate the backlog.