That is coercion," Sultan Al Jaber, CEO of the United Arab Emirates' state-owned oil company, said on Thursday.He noted that the Abu Dhabi National Oil Company had 230 ships loaded with fuel, ready to sail, that effectively remain grounded.With Iran having demonstrated its unassailable ability to shut off traffic, questions remain over when exactly the Strait of Hormuz opens, for whom, and in what capacity.Last month, US defence secretary Pete Hegseth said that the Strait of Hormuz was, and always had been, open."The only thing prohibiting transit in the strait right now is Iran shooting at shipping," Hegseth told reporters at a Pentagon briefing "Iran will claim that they are opening the strait, and that is part of their ceasefire terms, but what is their definition of open? The reality is that Iran has very little incentive to compromise."All of the ships that went through the Strait of Hormuz on Thursday passed through the new "toll route" travel lane established by Iran in order to attempt to charge US$2 million ($2.8 million) per vessel