#Routes

Hormuz crude shipments reach highest levels since February conflict began

Crude shipments through the Strait of Hormuz reached their highest level since the U.S.-Israeli conflict with Iran began in February, following a ceasefire deal that reopened the waterway. On Thursday, four tankers carried six million barrels of crude oil through the strait, with an additional four million barrels of Iranian crude aboard two separate tankers. However, overall traffic remains below the pre-conflict daily average of 125 ships.