Strait of Hormuz shipping traffic rebounds after strikes between Iran, US

AI Summary

Shipping traffic through the Strait of Hormuz has rebounded following recent strikes between Iran and the United States. The increased vessel movement is significant for energy markets due to the strait's strategic role in global oil transportation.

Shipping traffic through the Strait of Hormuz began to rebound Monday following weekend tit-for-tat strikes between the U.S. and Iran. Reports from the maritime tracking firm Kpler said 40 vessels passed through the critical waterway on Monday, while 24 ships transited the strait on Sunday in addition to 39 ships on Saturday. Energy markets have…