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The Strait of Hormuz, a crucial maritime passage for approximately 20-25% of the world's oil supply, is expected to be a central topic during discussions between US and Iranian representatives in Islamabad today. Amid one of the most significant disruptions to global energy supplies, reports indicate that Iran has lost track of the mines it deployed in the strait, making it difficult for them to manage shipping traffic effectively.

According to US officials, Iran's inability to locate and remove these mines has hindered its efforts to reopen the Strait of Hormuz for increased shipping traffic, particularly following demands from US President Donald Trump. As of now, Iran has not publicly addressed these claims.

Since the onset of the conflict on February 28, Iran has effectively restricted access to the strait, permitting only vessels from 'friendly' nations to pass. This blockade has led to unprecedented disruptions in global energy supplies, as the strait serves as a vital conduit for oil and liquefied natural gas shipments.

In light of a recent ceasefire, Iran has introduced a new shipping protocol for the Strait of Hormuz, advising vessels to coordinate with its naval forces to avoid potential sea mines. The Islamic Revolutionary Guard Corps Navy has outlined specific entry and exit routes for ships transiting the strait.

US President Trump expressed optimism on Friday, stating that the Strait of Hormuz would be 'open fairly soon.' He mentioned that assistance from other nations is forthcoming, although he did not specify which countries would be involved. 'It won't be easy... but we will have that open fairly soon,' Trump remarked, emphasizing the strait's importance to multiple countries.