Strait of Hormuz traffic this week was 20% of pre-war average, though US says “oil is flowing”

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Despite a 27% increase in ship traffic through the Strait of Hormuz over the past week, the passage remains at only 20% of pre-war levels. The waterway remains a significant focus due to ongoing conflicts impacting maritime and oil transport in the region.

The number of ships crossing the Strait of Hormuz rose 27 percent in the past week, according to a CNN analysis of figures from the UK Maritime Trade Operations center (UKMTO), which recorded 103 entering and 89 leaving. However, that is only 20 percent of the seven-day pre-war average, with the waterway still a focal … The post Strait of Hormuz traffic this week was 20% of pre-war average, though US says “oil is flowing” appeared first on Egypt Independent.