IllustrativeTanker traffic through Hormuz picks up after slower flows due to crossing concerns
✦ NabkaNews BriefAuto-summarized from multiple outlets · verify with the source
Tanker traffic through the Hormuz strait has increased after a period of slower flows due to concerns about crossing. The increase in traffic has been noted, although there are reports of more tankers exiting the strait than returning, potentially leading to a buildup of oil. Oil prices have been steady or rising, possibly due to various factors including US-Iran tensions and uncertainty about a potential deal to end conflict.
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