strait of Hormuz

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Maritime traffic through Strait of Hormuz continues to improve: six oil tankers a day passing through, compared with two last week

Report by Morgan Stanley Martijn Rats (Morgan Stanley analyst) highlights that maritime traffic through the Strait of Hormuz (SoH) continues to improve this week. Outbound energy tanker transits are averaging 6 per day, compared with 2 per day observed the previous week. Inbound transits have also increased from 3 to 6 per day on average this week, although they remain well below pre-conflict levels , when both inbound and outbound…


Ormuz

Oil Prices: What If The Strait Of Hormuz Was Temporarily Closed By Iran?

A key issue that President Trump’s speech at the UN General Assembly helped highlight was the rising tensions in the Gulf. As one measure of this, analysts at BNY Mellon note that “while it’s tempting to dismiss this as saber-rattling by both sides, the debate over Iran’s ability to close the Strait of Hormuz has been going on since the early 1980s.”