Oil tanker traffic through the Strait of Hormuz is holding up at more robust levels this month despite the Middle East conflict, as shippers continue transits with signals turned off. The market is waiting for a US-Iran peace deal expected this week, which is helping stabilize flows and reduce immediate supply disruption fears. The article points to geopolitically sensitive energy logistics rather than a direct change in supply fundamentals.
Oil tanker traffic through the Strait of Hormuz is holding up at more robust levels this month despite the Middle East conflict, as shippers continue transits with signals turned off. The market is waiting for a US-Iran peace deal expected this week, which is helping stabilize flows and reduce immediate supply disruption fears. The article points to geopolitically sensitive energy logistics rather than a direct change in supply fundamentals.
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