WS #10615
Multiple sources confirm Strait of Hormuz traffic normalizing rapidly, with 72 ships and 20M barrels transited in 24 hours, flooding oil markets with supply and pressuring oil prices. US Senate passes bill to restrict Trump's military campaign against Iran, adding to the de-escalation narrative.
Strait of Hormuz de-escalation
Multiple sources confirm Strait of Hormuz traffic normalizing rapidly, with 72 ships and 20M barrels transited in 24 hours, flooding oil markets with supply and pressuring oil prices.
US Senate passes bill to restrict Trump's military campaign against Iran, adding to the de-escalation narrative.