The statement accurately reflects the maritime situation in the Strait of Hormuz as of March 11, 2026. Multiple sources (Kpler, Windward, The Guardian) corroborate that while general commercial traffic is suspended due to the US-Iran conflict, vessels linked to Iran and China are the primary exceptions continuing to move through the strait. The 'modest increase' refers to the resumption of movement by these specific fleets following the initial total lockdown on March 2.