Hormuz daily vessel transits hit highest level since end Feb
AI Summary
Vessel transits through the Strait of Hormuz have reached their highest daily levels since late February, now at 27% of pre-conflict volumes following the US-Iran Memorandum of Understanding. This uptick signals a partial recovery in maritime traffic amidst ongoing regional tensions.
Since the MoU between US and Iran daily traffic volumes reached 27% of pre-conflict levels according to AXSMarine
World Politics Commodities Shipping Strait of Hormuz vessel transits maritime traffic US-Iran MOU shipping volumes