Shipping: A US-Iran ceasefire has resulted in minimal impact on shipping activity in the Strait of Hormuz.
🚢 The US-Iran ceasefire hasn't restored normal shipping through the Strait of Hormuz, one of the world's key oil chokepoints. Vessels still need Iranian coordination to transit, keeping traffic low. Smaller operators dominate as major firms stay away due to ongoing risks. Oil prices remain high, with Brent crude at ~$97/barrel. #StraitOfHormuz #OilMarket
What's Your Reaction?
Like
0
Dislike
0
Love
0
Funny
0
Angry
0
Sad
0
Wow
0
