Strait of Hormuz Traffic is Rising, and Oil Prices are Plummeting
Traffic levels in the Strait of Hormuz are showing signs of improvement as a formal plan for outbound transits begins to take effect. 31 crossings occurred on June 23, according to Kpler, including all vessel classes and traffic lanes. Accurate assessments are challenging because much of the traffic is operating dark - not just AIS-dark, but maintaining complete radio silence to minimize detection and tracking. Based on all available sources of information, Windward assesses that traffic levels are currently running...
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