Hormuz Traffic Rebounds as Open Sea Lane Draws Fresh Oil Shipments

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Source: CNBC
Hormuz Traffic Rebounds as Open Sea Lane Draws Fresh Oil Shipments
Photo: CNBC
TL;DR Summary

Following a US–Iran agreement to reopen the Strait of Hormuz, at least 20 tankers crossed on Thursday (25 ships total), the highest daily tally since June 2, as Iranian VLCCs resume transponder signals and most flows follow Iran’s designated route; traffic remains below prewar levels, and tolls are suspended for 60 days with talks planned on future tolls and lane governance.

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